The DIRECTV Group Misses Q3 Estimates by $0.02 as Revenue Grows 9.7% (DTV)
Thu. November 05, 2009; Posted: 09:31 AM
Nov 05, 2009 (SmarTrend(R) News Watch via COMTEX) --
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PowerRating -- 11/5/2009 - The DIRECTV Group (NASDAQ:DTV) reported Q3 EPS of $0.37, missing consensus analyst estimates of $0.39. Revenue rose 9.7% year-over-year to $5.47 billion, coming out ahead of consensus estimates of $5.42 billion. Interim CEO Larry Hunter said, aEURoeFueled by strong top-line growth and cost controls in both our U.S. and Latin American businesses, DIRECTV GroupaEUR(TM)s free cash flow increased 94% to a record $643 million in the quarter and has grown 32% to over $1.6 billion through the first nine months of 2009."
Write to Chip Brian at cbrian@tradethetrend.com
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