Earnings roundup: Dish, Garmin

Earnings roundup: Dish profit slides, Garmin's 4Q results and outlook are short of St. view

RELATED QUOTES

SymbolPriceChange
GRMN35.35
AEE34.91
DISH39.39
LEAP5.76
SAH23.09

Among the earnings stories for Wednesday, Feb. 20, from The Associated Press:

— Satellite TV broadcaster Dish Network Corp. said net income dropped by a third in the fourth quarter, as it kept prices steady.

— Garmin Ltd. shares tumbled to a year low after the navigation device maker announced lower-than-expected fourth-quarter results and a weak 2013 outlook, pointing to the continued industrywide decline in demand for automotive and hand-held navigation devices.

— Shares of Leap Wireless International Inc. fell after the cellphone carrier reported lower-than-expected fourth-quarter revenue and a net loss of subscribers.

— Sonic Automotive Inc.'s fiscal fourth-quarter profit increased nearly 50 percent as the automotive retailer's sales improved.

— DTE Energy Co. said fourth-quarter profit shrank as the utility was weighed down by one-time charges

— Utility company Ameren Corp. moved to a loss in its fourth quarter as it dealt with hefty impairment charges.

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