AST SpaceMobile, Inc. (ASTS) Surpasses Market Returns: Some Facts Worth Knowing

Company Performance - AST SpaceMobile, Inc. (ASTS) closed at $31.17, reflecting a +0.87% change from the previous day, outperforming the S&P 500's gain of 0.24% [1] - Over the past month, ASTS shares have increased by 33.77%, significantly surpassing the Computer and Technology sector's gain of 1.76% and the S&P 500's gain of 2.37% [1] Earnings Projections - The upcoming earnings per share (EPS) for AST SpaceMobile, Inc. is projected to be -$ 0.15, indicating a 57.14% increase compared to the same quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for AST SpaceMobile, Inc. are important for investors, as positive revisions indicate optimism regarding the company's business and profitability [3] - The Zacks Consensus EPS estimate has decreased by 49.06% over the last 30 days, and AST SpaceMobile, Inc. currently holds a Zacks Rank of 3 (Hold) [5] Industry Overview - The Wireless Equipment industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 66, placing it in the top 27% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]