Investing.com - EchoStar reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
EchoStar announced earnings per share of $0.27 on revenue of $497.4M. Analysts polled by Investing.com EPS of $0.30 on revenue of $487.05M.
EchoStar 's are down 34% and is trading at $17.16 , still down 44.47% from its 52 week high of $30.90 set on Monday, November 15, 2021.
EchoStar follows other major Communication Services sector earnings this month
EchoStar's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
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