DIRECTV (DTV) is set to unveil its second-quarter 2012 results on Thursday, August 2, 2012, before the opening bell. The current Zacks Consensus Estimate for the second quarter is pegged at $1.14 per share, representing annualized growth of 24.86%. With respect to earnings surprise over the trailing four quarters, DTV has outperformed the Zacks Consensus Estimate in three of the last four quarters. The average earnings surprise was a positive 5.01%, implying that the company has outdone the Zacks Consensus Estimate by the same magnitude over that period. First-Quarter Recap On May 8, 2012, DTV reported its first quarter 2012 results. Quarterly GAAP net income was $731 million or $1.07 per share compared with $674 million or 85 cents per share in the year-ago quarter. Quarterly EPS of $1.07 per
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