Viasat Inc expected to post a loss of 54 cents a share - Earnings Preview

ViaSat

04/11/2024 23:23

* Viasat Inc  VSAT.OQ   VSAT.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Carlsbad California-based  company is expected to
report a
9.7% decrease in revenue to $1.106 billion from $1.23 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Viasat Inc is for a loss
of 54
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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 Viasat Inc
is
24.00​, above​ its last closing price of $9.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.56       -0.46      -0.26     Beat    43.7
 Mar. 31 2024  -0.80       -0.63      -0.80     Missed  -27
 Dec. 31 2023  0.02        0.07       -0.99     Missed  -1,450
                                                        .1​
 Sep. 30 2023  0.53        0.71       1.07      Beat    51.1
 ​​Jun.        -0.49       -0.39      -0.83     Missed  -112.8
 30 2023                                                
 Mar. 31 2023  12.65       9.49       15.56     Beat    64​
 Dec. 31 2022  0.01        0.02       -0.14     Missed  -800
 Sep. 30 2022  0.30        0.31       -0.64     Missed  -304.8
 This summary was machine generated November 4 at 23:23 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)