Will gsat beat consensus estimate of its earnings and revenue

**Globalstar (GSAT) is unlikely to beat the consensus estimate of its earnings and revenue in the upcoming quarter.** Here's why: 1. **Earnings Performance**: Globalstar's estimated EPS for the current fiscal year is -$0.02. The company reported EPS of -$0.01 for the last quarter, which met the consensus estimate. However, given the negative return on equity of 13.69% and a negative net margin of 22.96%, it is challenging for the company to exceed expectations. 2. **Revenue Outlook**: Globalstar's revenue for the last quarter was $60.39 million, slightly above the consensus estimate of $57.49 million. Despite this, the company's financial ratios, such as the debt-to-equity ratio of 0.94 and a current ratio of 1.04, indicate potential financial strain. This suggests that sustaining high revenue levels while managing financial health could be difficult, making it less likely to exceed revenue estimates. 3. **Market Sentiment and Insider Activity**: The stock has experienced a significant decrease in short interest, which could be an indicator of market sentiment towards the stock. Additionally, insider selling, such as CFO Rebecca Clary's sale of 75,000 shares, may signal a lack of confidence in the company's short-term prospects. 4. **Industry and Economic Factors**: The satellite and connectivity services market is competitive, and Globalstar faces challenges from other established players. The analysis from Best Growth Stocks highlights the need for Globalstar to capitalize on its strategic partnerships and technological advancements to maintain its market position. However, these factors do not necessarily guarantee a revenue beat. 5. **Financial Ratios and Market Cap**: Globalstar's market cap is substantial, with figures around $2.22 billion to $2.36 billion. While this could suggest a strong market presence, it does not guarantee revenue or earnings outperformance. In conclusion, while Globalstar has shown some positive revenue variance and met earnings estimates in the past, the likelihood of beating consensus estimates in the near term is low, given the company's financial ratios, market sentiment, and the competitive nature of the industry.