Get a deeper insight into the potential performance of EchoStar (SATS) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
SATS's Hughes launches HL1100W ESA, a compact, high-speed LEO antenna approved for Eutelsat OneWeb, boosting global connectivity.
Hughes, an EchoStar subsidiary, teams up with Airbus to become an official Managed Service Provider within the HBCplus in-flight connectivity ecosystem.
I maintain a Buy rating on SATS due to the positive outlook for its food and cargo businesses. Its cargo division is gaining share after successfully integrating its prior acquisition of Worldwide Flight Services. The new frozen food meals business is more profitable than its traditional airline catering operations, and this bodes well for the food solutions segment's overall margins for the future.
Hughes, a SATS subsidiary, launches Hughes Fusion Simultaneous Multi-Orbit In-Flight Connectivity Solution for Delta Air Lines.
SATS' Q4 2024 top line is affected by a decrease in subscribers at Pay TV and Hughes amid synergy from the DISH merger.
EchoStar Corporation (NASDAQ:SATS ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Dean Manson - Chief Legal Officer Hamid Akhavan - President and CEO Paul Orban - EVP and Principal Financial Officer Gary Schanman - EVP and Group President, Video Services John Swearinga - President of Technology and COO Paul Gaske - COO, Hughes Conference Call Participants Rick Prentiss - Raymond James Michael Rollins - Citi Walter Piecyk - LightShed Jonathan Chaplin - New Street Research Bryan Kraft - Deutsche Bank Ben Swinburne - Morgan Stanley Tim Horan - Oppenheimer Adam Rhodes - Octus Operator Greetings, and welcome to the EchoStar Corporation's Fourth Quarter and Year End 2024 Earnings Conference Call. At this time, all participants will be in listen-only mode.
Although the revenue and EPS for EchoStar (SATS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
EchoStar (SATS) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of a loss of $0.63 per share. This compares to earnings of $1.21 per share a year ago.
Earlier this week Disney's made a surprise announcement that they had entered a definite agreement with Fubo. The agreement seemed to cleared the path for the roll-out of Venu Sports.
SATS, a Singapore-based aviation services provider, offers catering, cargo handling, and passenger services, benefiting from growing air travel demand without airline volatility or airport CapEx burdens. FY24 revenues surged to S$5.15 billion, driven by the World Freight Services acquisition, expanding SATS's presence to Europe, Brazil, South Africa, and the US. Risks include macroeconomic downturns and potential loss of concessions; low OTC trading volume suggests investing via the Singapore Stock Exchange for better liquidity.