Earnings Preview: EchoStar
Portfolio Pulse from Benzinga Insights
EchoStar (NASDAQ:SATS) is set to release its quarterly earnings report on August 7, 2023. Analysts estimate an EPS of $0.20. Last quarter, the company beat EPS by $0.15, but the share price dropped by 3.41% the next day. The stock is currently trading at $18.99, down 5.8% over the last 52 weeks.
August 04, 2023 | 7:01 pm
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EchoStar is expected to report an EPS of $0.20. Despite beating estimates last quarter, the share price dropped. The stock is down 5.8% over the last year.
EchoStar's earnings report is a key event that could impact its stock price. Last quarter, despite beating estimates, the stock price dropped, indicating that other factors may be influencing investor sentiment. The stock's negative performance over the past year also suggests caution among investors.
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