Telesat (TSAT) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Telesat (TSAT) is set to release its Q2 2025 earnings on August 6th, with analysts predicting a loss of ($0.84) per share and revenue of $109.64 million.
• In its last earnings report on May 6th, Telesat exceeded expectations with an EPS of $0.53 but recorded revenues below forecasts at $81.12 million.
• Acadian Asset Management increased its stake in Telesat by 63.3% during the first quarter, bringing its total holdings to 6,381 shares valued at approximately $119,000.

Telesat (NASDAQ:TSAT - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of ($0.84) per share and revenue of $109.64 million for the quarter.

Telesat (NASDAQ:TSAT - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of ($0.56) by $1.09. Telesat had a negative return on equity of 6.83% and a negative net margin of 16.09%. The business had revenue of $81.12 million during the quarter, compared to analysts' expectations of $106.67 million.

Telesat Stock Performance

Shares of NASDAQ TSAT traded down $0.50 during trading hours on Monday, hitting $22.99. 52,739 shares of the company's stock were exchanged, compared to its average volume of 93,226. Telesat has a 1-year low of $7.21 and a 1-year high of $29.91. The company has a debt-to-equity ratio of 1.64, a current ratio of 5.63 and a quick ratio of 5.63. The stock has a market capitalization of $313.56 million, a price-to-earnings ratio of -5.09 and a beta of 2.16. The company's 50-day moving average price is $22.20 and its 200-day moving average price is $19.65.

Hedge Funds Weigh In On Telesat

A hedge fund recently raised its stake in Telesat stock. Acadian Asset Management LLC raised its position in Telesat Corporation (NASDAQ:TSAT - Free Report) by 63.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,381 shares of the company's stock after acquiring an additional 2,473 shares during the period. Acadian Asset Management LLC's holdings in Telesat were worth $119,000 as of its most recent SEC filing.

About Telesat

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.