Wall Street traded slightly lower by midday Friday, as investors adopted a wait-and-see stance ahead of a potential trade breakthrough, with high-stakes negotiations between U.S. officials—led by Treasury Secretary Scott Bessent—and Chinese authorities set to unfold over the weekend.
EchoStar Corporation (NASDAQ: SATS) reported a loss of 71 cents per share, with quarterly sales of $3.87 billion. SATS stock has gained 56% in the past year.
Satellite communications company EchoStar (NASDAQGS:SATS) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 3.6% year on year to $3.87 billion. Its GAAP loss of $0.71 per share was 11.4% above analysts’ consensus estimates.
Looking back on traditional media & publishing stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Sinclair (NASDAQ:SBGI) and its peers.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
Over the last six months, EchoStar shares have sunk to $22.63, producing a disappointing 12.3% loss - worse than the S&P 500’s 6.9% drop. This might have investors contemplating their next move.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at traditional media & publishing stocks, starting with EchoStar (NASDAQ:SATS).
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Wiley (NYSE:WLY) and the rest of the traditional media & publishing stocks fared in Q4.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at IMAX (NYSE:IMAX) and its peers.
