TELESAT CORP (NASDAQ:TSAT) Reports Q2 2025 Earnings Beat with Strong EPS Despite Revenue Shortfall

TELESAT CORP (NASDAQ:TSAT) reported its second-quarter earnings for 2025, delivering a significant earnings beat while falling slightly short on revenue expectations. The satellite operator’s results have triggered a positive pre-market reaction, with shares up approximately 3.4% ahead of the opening bell.

Key Financial Highlights

• Revenue: Reported revenue of CA$105.4 million, missing analyst estimates of CA$112.2 million by 6.1%.
• Earnings Per Share (EPS): Posted CA$1.37 per share, a substantial outperformance compared to the estimated loss of CA$2.13 per share.
• Pre-Market Reaction: Shares rose ~3.4%, suggesting investor optimism despite the revenue miss, likely driven by the unexpected profitability.

Market Performance Context

The stock has faced recent pressure, declining ~0.3% over the past week and ~10.3% over the last two weeks. However, the strong EPS beat appears to be reversing some of the negative sentiment, at least in early trading.

Analyst Expectations for Future Quarters

Looking ahead, analysts remain cautious about Telesat’s full-year performance:

• Q3 2025 Estimates: Revenue expected at CA$99.45 million, with an estimated EPS loss of CA$2.46.
• Full-Year 2025 Estimates: Revenue projected at CA$426.5 million, but analysts anticipate a net loss of CA$8.60 per share.

Press Release Summary

The earnings announcement highlighted Telesat’s position as a leading global satellite operator, emphasizing its geostationary (GEO) and low Earth orbit (LEO) segments. While no explicit forward guidance was provided, the company’s ability to deliver positive EPS despite lower-than-expected revenue suggests improved cost management or one-time gains.

For a deeper dive into Telesat’s earnings history and future estimates, visit the earnings and estimates page.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.