Telesat (NASDAQ:TSAT) is preparing to release its quarterly earnings on Thursday, 2025-03-27. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Telesat to report an earnings per share (EPS) of $-1.56.
The announcement from Telesat is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Here's a look at Telesat's past performance and the resulting price change:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.06 | |||
| EPS Actual | 0.9 | 1.79 | -0.8 | 0.54 |
| Price Change % | -9.0% | 2.0% | -5.0% | -8.0% |
Market Performance of Telesat's Stock
Shares of Telesat were trading at $21.22 as of March 25. Over the last 52-week period, shares are up 137.27%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Telesat visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.