DirecTV Profit Tops EstimatesOn HD Subscriber Upgrades
(
old news - 10:53AM Sunday Feb 17 2008)
By Sarah Rabil
Feb. 13 (Bloomberg) -- DirecTV Group Inc., the largest U.S. satellite-television provider, reported a fourth-quarter profit that beat analysts' estimates as it enticed customers to spend more money on high-definition programming. The stock rose.
Earnings were 30 cents a share, exceeding the average of analysts' estimate by 1 cent, after the company bought back shares, according to a statement today. Sales rose 17 percent to $4.88 billion, beating the $4.75 billion average of 10 analysts' estimates compiled by Bloomberg.
Full article:
»
www.bloomberg.com/apps/news?pid=···fer=news