Viasat's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Viasat (NASDAQ:VSAT) is scheduled to release its quarterly earnings report on February 6, 2024, with an estimated EPS of $0.15. The company's past performance shows a pattern of beating EPS estimates, leading to positive stock price movements. However, Viasat's shares have declined by 37.1% over the last 52 weeks, indicating a bearish outlook among long-term shareholders.
February 05, 2024 | 5:02 pm
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Viasat is expected to report an EPS of $0.15 for the upcoming quarter, with a history of beating estimates and positively impacting its stock price. However, the stock has seen a significant decline over the past year.
Viasat's upcoming earnings report is crucial due to its history of beating EPS estimates, which typically leads to positive stock price movements. However, the significant yearly decline in stock price adds uncertainty, making it difficult to predict the short-term impact. The focus will be on whether the company can continue its trend of beating estimates and provide positive guidance, which could potentially counteract the bearish sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100