Globalstar Inc expected to post a loss of 5 cents a share - Earnings Preview

Globalstar

05/08/2025 22:12

Globalstar Inc GSAT.OQ GSAT.O is expected to  show a rise in quarterly revenue when it reports  results on August 7 for the period ending June 30 2025

The Covington Louisiana-based  company is expected to report a 4.6% increase in revenue to $63.138 million from $60.39 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Globalstar Inc is for a loss of 5 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Globalstar Inc is $52.50, about 53.8% above its last closing price of $24.25

This summary was machine generated August 5 at 21:12 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)