EchoStar (SATS) to Release Quarterly Earnings on Wednesday

EchoStar (NASDAQ:SATS) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of ($0.89) per share and revenue of $3.87 billion for the quarter.

EchoStar (NASDAQ:SATS) last released its quarterly earnings results on Thursday, February 27th. The communications equipment provider reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of ($0.63) by $1.87. The company had revenue of $3.97 billion for the quarter, compared to the consensus estimate of $3.93 billion. EchoStar had a negative net margin of 15.51% and a negative return on equity of 0.64%. On average, analysts expect EchoStar to post $-2 EPS for the current fiscal year and $-4 EPS for the next fiscal year.

EchoStar Trading Up 0.2 %

EchoStar stock opened at $23.92 on Wednesday. EchoStar has a 12-month low of $14.40 and a 12-month high of $32.48. The stock has a market capitalization of $6.85 billion, a PE ratio of -2.61 and a beta of 0.83. The firm has a 50 day simple moving average of $24.67 and a 200-day simple moving average of $25.12. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.67 and a quick ratio of 0.61.

Analyst Ratings Changes

Separately, UBS Group lifted their price target on EchoStar from $15.00 to $28.00 and gave the company a “neutral” rating in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $23.75.

About EchoStar

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; and multichannel, live-linear and on-demand streaming over-the-top internet-based domestic, international, Latino, and Freestream video programming services under the DISH and SLING brand names.