Telesat Q2 2024 GAAP EPS C$2.45 Beats C$1.71 Estimate, Sales C$152.433M Beat C$141.150M Estimate
Portfolio Pulse from Benzinga Newsdesk
Telesat reported its Q2 2024 financial results, with GAAP EPS of C$2.45 beating the estimate of C$1.71, and sales of C$152.433 million surpassing the estimate of C$141.150 million.

August 14, 2024 | 11:01 am
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Telesat's Q2 2024 financial results exceeded expectations, with GAAP EPS of C$2.45 beating the estimate of C$1.71, and sales of C$152.433 million surpassing the estimate of C$141.150 million.
The better-than-expected earnings and sales figures are likely to positively impact Telesat's stock price in the short term as they indicate strong financial performance.
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IMPORTANCE 90
RELEVANCE 100