Globalstar Inc <GSAT.OQ> expected to post a loss of 3 cents a share - Earnings Preview

• Globalstar Inc GSAT.OQ GSAT.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025

• The Covington Louisiana-based company is expected to report a 13.0% increase in revenue to $63.827 million from $56.48 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 3 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 average consensus recommendation for the wireless telecommunications services peer group is also "Buy".​

• Wall Street's median 12-month price target for Globalstar Inc is $52.50​, above​ its last closing price of $19.89. ​​​

This summary was machine generated May 6 at 20:10 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)