EchoStar Corporation (SATS) reported a quarterly loss of $0.33 per share for the period ending March 2026, outperforming the Zacks Consensus Estimate of a $0.87 loss and improving from a $0.71 loss a year ago. The company achieved an earnings surprise of +62.21%, following a prior expectation of a loss of $0.85 per share, which resulted in a loss of $1.03.
The company’s revenues for the quarter totaled $3.67 billion, slightly exceeding the consensus estimate by 0.13%, although down from $3.87 billion in the same quarter last year. Over the last four quarters, EchoStar has exceeded consensus EPS estimates three times and topped revenue estimates twice. The current consensus EPS estimate is $1.80 for the upcoming quarter, paired with expected revenues of $3.6 billion.
Year-to-date, EchoStar shares have increased by approximately 17%, outperforming the S&P 500’s gain of 8.1%. The company’s stock is currently rated Zacks Rank #3 (Hold), indicating an expectation to perform in line with the market in the near term.
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