DIRECTV (DTV) Guides FY15 EPS Below Street

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Buckingham Research Downgrades DIRECTV (DTV) to Neutral

February 20, 2015 7:32 AM EST

Buckingham Research downgraded DIRECTV (NASDAQ: DTV) from Buy to Neutral with a price target of $92.00 (from $95.00).

For an analyst ratings summary and ratings history on DIRECTV click here. For more ratings news on DIRECTV click here.

Shares of DIRECTV closed at $87.21 yesterday.

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DIRECTV (DTV) Tops Q4 EPS by 13c

February 19, 2015 7:31 AM EST

DIRECTV (NASDAQ: DTV) reported Q4 EPS of $1.53, $0.13 better than the analyst estimate of $1.40. Revenue for the quarter came in at $8.92 billion versus the consensus estimate of $8.91 billion.

Fourth Quarter Review

In the fourth quarter, DIRECTV U.S. revenues increased 5% to $7.14 billion compared with the fourth quarter of 2013 primarily due to strong ARPU growth along with a larger subscriber base. ARPU increased 5.0% to $117.30 mostly due to price increases on programming packages, higher advanced receiver service fees, higher ad sales, increased... More