NEW YORK (TheStreet) -- DirecTV (DTV) reported second quarter adjusted earnings of $1.59 per diluted share, 5 cents better than analysts had expected, on revenue of $8.11 billion which was better than the $8 billion analysts forecast.
The company experienced a 5% rise in revenue during the quarter due to gains from it DirecTV Latin America segment thanks in part to its World Cup Coverage.
TheStreet Ratings team rates DIRECTV as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate DIRECTV (DTV) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."