Dish Network (DISH) Stock Down Ahead of Thursday's Q2 Earnings

Dish Network (DISH) stock is falling Tuesday afternoon, ahead of the company's 2016 fiscal second quarter results, due out before Thursday's market open.
By Annie Palmer ,

NEW YORK (TheStreet) -- Shares of Dish Network (DISH) - Get Report are slipping by 0.46% to $52.08 on Tuesday afternoon, ahead of the company's 2016 fiscal second quarter results, which are due out before Thursday's opening bell. 

Wall Street is expecting earnings per share and revenue to increase year over year. 

Analysts surveyed by Thomson Reuters expect the Englewood, CO-based satellite service provider to report 71 cents per share on $3.9 billion revenue for the most recent quarter.  

Last year, Dish Network posted 70 cents per share on $3.83 billion revenue for the second quarter. 

Additionally, The FCC issued some bad news for the company earlier this week when it said it would refuse to write new rules governing the fee disputes between pay-TV providers and broadcasters. Dish Network is currently tied up in a dispute with Tribune Media (TRCO) that resulted in 42 channels being blacked out in 33 markets starting in June. 

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

We rate DISH NETWORK CORP as a Hold with a ratings score of C+. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally higher debt management risk.

You can view the full analysis from the report here: DISH

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