the republic logo

DirecTV beats 4Q earnings and revenue expectations

bug
Share/Save/Bookmark

EL SEGUNDO, California — DirecTV (DTV) on Thursday reported fourth-quarter earnings of $778 million.

On a per-share basis, the El Segundo, California-based company said it had net income of $1.53.

The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.

The provider of satellite TV services posted revenue of $8.92 billion in the period, also topping Street forecasts. Analysts expected $8.91 billion, according to Zacks.

DirecTV shares have increased almost 1 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 2 percent. The stock has risen 21 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DTV at http://www.zacks.com/ap/DTV

_____

Keywords: DirecTV, Earnings Report

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.