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EchoStar Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
EchoStar Corporation (NASDAQ:SATS) is expected to release earnings results for its second quarter, before the opening bell on Friday, Aug. 9.
Analysts expect the Englewood, Colorado-based company to report a quarterly loss at 25 cents per share, versus a year-ago profit of 13 cents per share. EchoStar is projected to report quarterly revenue of $3.98 billion, compared to $452.2 million a year earlier, according to data from Benzinga Pro.
On May 8, EchoStar posted worse-than-expected first-quarter financial results.
EchoStar shares gained 3.2% to close at $20.08 on Thursday.
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