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Stock impact report

EchoStar Corporation (NASDAQ:SATS) Just Reported, And Analysts Assigned A US$20.13 Price Target [Yahoo! Finance]

EchoStar Corporation - Common stock (SATS) 
Last echostar corporation - common stock earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.echostar.com/investors
Company Research Source: Yahoo! Finance
Revenues were in line with expectations, at US$4.0b, while statutory losses ballooned to US$0.40 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. See our latest analysis for EchoStar Following the recent earnings report, the consensus from eight analysts covering EchoStar is for revenues of US$16.0b in 2024. This implies a discernible 4.1% decline in revenue compared to the last 12 months. Losses are predicted to fall substantially, shrinking 85% to US$1.17. Before this earnings announcement, the analysts had been modelling revenues of US$16.2b and losses of US$1.61 per share in 2024. While the revenue estimates were largely unchanged, sentiment seems to have improved, with the analysts upgra Show less Read more
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