EchoStar Q3 EPS $0.04 Vs $0.27 YoY, Sales $413.07M Miss $479.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
EchoStar's Q3 earnings per share (EPS) was $0.04, down from $0.27 year over year. The company's sales were $413.07M, missing the estimate of $479.00M.
November 06, 2023 | 11:13 am
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NEGATIVE IMPACT
EchoStar's lower than expected Q3 earnings and sales could negatively impact its stock price.
EchoStar's Q3 earnings and sales fell short of estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100