Insights Ahead: Telesat's Quarterly Earnings
- by Benzinga.com
- Nov 13, 2024
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Benzinga Insights, Benzinga Staff Writer
November 13, 2024 10:01 AM
| 1 min read TSAT
is gearing up to announce its quarterly earnings on Thursday, 2024-11-14. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Telesat will report an earnings per share (EPS) of $-0.61.
The market awaits Telesat's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings Track Record
During the last quarter, the company reported an EPS beat by $0.73, leading to a 1.9% increase in the share price on the subsequent day.
Here's a look at Telesat's past performance and the resulting price change:
Quarter
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