EchoStar Q2 Adj. EPS $0.14 Misses $1.70 Estimate, Sales $3.576B Miss $3.625B Estimate
EchoStar (NASDAQ:ECHO) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $1.70 by 91.76 percent. This is a 113.21 percent increase over losses of $(1.06) per share from the
EchoStar made way less money than experts expected this quarter—both its profit per share and total sales fell short of predictions. When a company misses by this much, it's a sign to watch whether they're fixing their problems or if things are getting tougher.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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