Telesat (TSAT) Reports Q3 Loss, Beats Revenue Estimates

Group 1 - Telesat reported a quarterly loss of $1.73 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.78, and compared to a loss of $0.08 per share a year ago, indicating an earnings surprise of -121.79% [1] - The company posted revenues of $73.39 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.94%, but down from $101.49 million in the same quarter last year [2] - Telesat shares have increased approximately 80.8% since the beginning of the year, outperforming the S&P 500's gain of 16.5% [3] Group 2 - The earnings outlook for Telesat is mixed, with the current consensus EPS estimate for the coming quarter at -$1.03 on revenues of $68.37 million, and -$2.10 on revenues of $300.58 million for the current fiscal year [7] - The Zacks Industry Rank places the Satellite and Communication sector in the top 30% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] Group 3 - Telesat has surpassed consensus EPS estimates two times over the last four quarters and topped consensus revenue estimates three times during the same period [2] - The estimate revisions trend for Telesat was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]