EchoStar (SATS) Surpasses Q4 Earnings Estimates

EchoStar (SATS) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of a loss of$ 0.63 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 296.83%. A quarter ago, it was expected that this seller of set-top boxes and provider of satellite services to Dish Network would post a loss of$ 0.28 per share when it actually produced a loss of $0.52, delive ...