Telesat (TSAT) Set to Release Earnings on Thursday

Key Points

• Telesat is expected to report Q3 2026 results before market open on October 29. Analysts anticipate a loss of $0.91 per share and revenue of $54.03 million.
• The company’s previous quarter showed a significant earnings miss, with a loss of $7.85 per share versus the $0.71 consensus estimate, despite revenue exceeding expectations.
• Telesat shares recently rose 5.3%, but analyst sentiment remains mixed, with an average rating of Hold and an average price target of $33.50.

Telesat (NASDAQ:TSAT - Get Free Report) is anticipated to announce its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Telesat to announce earnings of ($0.91) per share and revenue of $54.03 million for the quarter. Investors can check the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:30 AM ET.

Telesat (NASDAQ:TSAT - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($7.85) earnings per share for the quarter, missing the consensus estimate of ($0.71) by ($7.14). The company had revenue of $57.30 million for the quarter, compared to analyst estimates of $56.11 million. Telesat had a negative net margin of 102.62% and a negative return on equity of 15.53%. On average, analysts expect Telesat to post ($11.93) EPS for the current fiscal year and ($8.41) EPS for the next fiscal year.

Telesat Stock Up 5.3%

Shares of NASDAQ:TSAT opened at $42.55 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.17 and a current ratio of 0.17. Telesat has a 52-week low of $23.01 and a 52-week high of $61.54. The business's 50 day simple moving average is $45.89 and its two-hundred day simple moving average is $46.73. The firm has a market cap of $647.57 million, a P/E ratio of -2.38 and a beta of 2.11.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Weiss Ratings reissued a "sell (d-)" rating on shares of Telesat in a research note on Monday, September 14th. Stifel Nicolaus started coverage on Telesat in a report on Thursday, July 16th. They set a "buy" rating for the company. Scotiabank assumed coverage on Telesat in a research report on Monday, July 13th. They issued a "hold" rating for the company. Royal Bank Of Canada started coverage on Telesat in a research report on Thursday, August 27th. They issued a "moderate buy" rating for the company. Finally, Zacks Research upgraded Telesat from a "strong sell" rating to a "hold" rating in a research note on Monday, October 19th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Telesat has an average rating of "Hold" and an average target price of $33.50.

About Telesat

Telesat is a Canadian satellite communications operator that provides connectivity and related services to telecommunications companies, broadcasters, governments, enterprises and other organizations worldwide. The company operates a fleet of geostationary satellites and delivers satellite capacity for broadband communications, video distribution, enterprise networking, mobility and government applications.

In addition to its geostationary satellite services, Telesat is developing Telesat Lightspeed, a planned low Earth orbit satellite network designed to provide high-speed, low-latency broadband connectivity.

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