Telesat (NASDAQ:TSAT – Get Free Report) will likely be posting its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of ($0.91) per share and revenue of $54.13 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:30 AM ET.
Telesat (NASDAQ:TSAT – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($7.85) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.71) by ($7.14). The firm had revenue of $57.30 million during the quarter, compared to the consensus estimate of $56.11 million. Telesat had a negative net margin of 102.62% and a negative return on equity of 15.53%. On average, analysts expect Telesat to post ($11.93) EPS for the current fiscal year and ($8.41) EPS for the next fiscal year.
Telesat Stock Performance
NASDAQ TSAT traded up $1.88 during trading on Tuesday, hitting $46.57. 10,428 shares of the company’s stock traded hands, compared to its average volume of 209,282. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.17 and a current ratio of 0.17. The stock has a market capitalization of $708.80 million, a price-to-earnings ratio of -2.60 and a beta of 2.11. Telesat has a 12-month low of $23.01 and a 12-month high of $61.54. The business has a 50 day moving average of $45.88 and a 200-day moving average of $42.41.
Analyst Upgrades and Downgrades
TSAT has been the topic of several research reports. Scotiabank assumed coverage on shares of Telesat in a research report on Monday, July 13th. They issued a “hold” rating on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Telesat in a report on Monday, September 14th. Royal Bank Of Canada initiated coverage on shares of Telesat in a research note on Thursday, August 27th. They issued a “moderate buy” rating for the company. Canadian Imperial Bank of Commerce started coverage on shares of Telesat in a research note on Sunday. They issued a “sector outperform” rating for the company. Finally, Stifel Nicolaus began coverage on shares of Telesat in a report on Thursday, July 16th. They set a “buy” rating on the stock. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Telesat currently has an average rating of “Hold” and a consensus price target of $33.50.
Read Our Latest Stock Report on Telesat
About Telesat
Telesat is a Canadian satellite communications operator that provides connectivity and related services to telecommunications companies, broadcasters, governments, enterprises and other organizations worldwide. The company operates a fleet of geostationary satellites and delivers satellite capacity for broadband communications, video distribution, enterprise networking, mobility and government applications.
In addition to its geostationary satellite services, Telesat is developing Telesat Lightspeed, a planned low Earth orbit satellite network designed to provide high-speed, low-latency broadband connectivity.
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