Telesat (TSAT) Reports Q2 Loss, Tops Revenue Estimates

Telesat (TSAT) came out with a quarterly loss of $2.87 per share versus the Zacks Consensus Estimate of$ 2.47. This compares to earnings of $1.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -216.19%. A quarter ago, it was expected that this satellite communications company would post a loss of$ 0.80 per share when it actually produced a loss of $0.80, delivering no surprise. Over the last four quarters, the company has no ...