Will AST SpaceMobile, Inc. (ASTS) Report Negative Earnings Next Week? What You Should Know

AST SpaceMobile (ASTS) is anticipated to report results for the quarter ended September 2025 on November 10, with consensus estimates projecting a loss of $0.18 per share and a substantial 1785.5% year-over-year revenue increase to $20.74 million. Despite a recent 2.86% upward revision in EPS estimates, the company's prospects for an earnings beat are low, evidenced by a negative Zacks Earnings ESP of -28.57% and a history of missing consensus in three of the last four quarters, including a significant miss in the prior quarter. This combination suggests that while revenue growth is strong, profitability remains a concern, making an earnings surprise unlikely for the upcoming report.

Analysis

AST SpaceMobile (ASTS) is projected to report a quarterly loss of $0.18 per share for the quarter ended September 2025, representing a 25% year-over-year improvement. Revenue is anticipated to surge by an impressive 1785.5% to $20.74 million, indicating significant top-line expansion. The consensus EPS estimate has seen a modest 2.86% upward revision over the past 30 days, reflecting some positive reassessment by analysts.

Despite the upward revision in consensus EPS, the probability of an earnings beat appears low. The company holds a negative Zacks Earnings ESP of -28.57%, as the Most Accurate Estimate is notably lower than the consensus, suggesting recent bearish sentiment among analysts. This negative ESP, combined with a Zacks Rank #3 (Hold), makes a positive earnings surprise difficult to predict with confidence.

ASTS has a concerning earnings surprise history, having missed consensus EPS estimates in three of the last four quarters. The most recent quarter saw a significant miss, with an actual loss of -$0.41 per share against an expected -$0.19, a -115.79% surprise. While revenue growth is robust, the consistent earnings misses and negative ESP indicate ongoing profitability challenges and a cautious outlook for the upcoming report.

Key Decisions for Investors

• Investors should closely monitor the actual EPS relative to the -$0.18 consensus and the substantial revenue growth of $20.74 million for the quarter.
• Given the negative Zacks Earnings ESP and historical misses, investors should exercise caution regarding a potential earnings beat and consider the implications of continued profitability challenges despite strong revenue expansion.
• Pay attention to management's commentary on the earnings call for insights into business conditions and future earnings expectations, as this will likely dictate sustained price movement beyond the initial reaction.