Recap: EchoStar Q1 Earnings


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


 

EchoStar (NASDAQ:SATS) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

EchoStar beat estimated earnings by 194.44%, reporting an EPS of $1.06 versus an estimate of $0.36.

Revenue was up $18.95 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.66 which was followed by a 7.9% increase in the share price the next day.

Here's a look at EchoStar's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.39 0.34 0.07 -0.04
EPS Actual -0.27 0.38 0.41 0.84
Revenue Estimate 507.60M 493.85M 479.20M 466.90M
Revenue Actual 498.64M 504.66M 499.83M 482.58M

To track all earnings releases for EchoStar visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsNewsBZI-Recaps