Telesat (NASDAQ:TSAT – Get Free Report) is set to announce its earnings results before the market opens on Friday, May 10th. Telesat has set its FY 2024 guidance at EPS.
Telesat (NASDAQ:TSAT – Get Free Report) last issued its quarterly earnings results on Thursday, March 28th. The company reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $121.87 million during the quarter. Telesat had a net margin of 22.44% and a negative return on equity of 1.72%.
Telesat Stock Up 3.2 %
Shares of Telesat stock opened at $7.39 on Thursday. The company has a debt-to-equity ratio of 1.34, a current ratio of 13.19 and a quick ratio of 13.19. The company has a 50-day moving average of $8.33 and a 200 day moving average of $9.55. The firm has a market cap of $94.67 million, a price-to-earnings ratio of 0.88 and a beta of 2.11. Telesat has a 1 year low of $6.90 and a 1 year high of $22.75.
Analyst Upgrades and Downgrades
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Telesat Company Profile
Telesat Corporation, a satellite operator, provides mission-critical communications solutions to broadcast, enterprise, and consulting customers worldwide. The company’s satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers’ homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services.
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