Telesat (TSAT) Reports Q2 Loss, Tops Revenue Estimates
TSATTelesat(TSAT) ZACKS·2024-08-14 21:25

Telesat (TSAT) came out with a quarterly loss of 2.87pershareversustheZacksConsensusEstimateof2.87 per share versus the Zacks Consensus Estimate of 2.47. This compares to earnings of 1.53pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−216.191.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -216.19%. A quarter ago, it was expected that this satellite communications company would post a loss of 0.80 per share when it actually produced a loss of $0.80, delivering no surprise.Over the last four quarters, the company has not ...