Iridium Communications reported quarterly EPS of $0.20, missing the Zacks Consensus Estimate of $0.27 by $0.07, or about 26%. Earnings also declined from $0.27 per share a year ago, indicating weaker year-over-year profitability. The miss is a negative read-through for company fundamentals and could pressure the stock modestly.
Iridium Communications reported quarterly EPS of $0.20, missing the Zacks Consensus Estimate of $0.27 by $0.07, or about 26%. Earnings also declined from $0.27 per share a year ago, indicating weaker year-over-year profitability. The miss is a negative read-through for company fundamentals and could pressure the stock modestly.
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moderately negative
Sentiment Score
-0.38
Ticker Sentiment
