AST SpaceMobile Rises 1.8% as Earnings Preview Points to Narrower Loss

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Summary · why it matters

AST SpaceMobile, Inc. closed at $61.06, up 1.8% from the previous session, outpacing the S&P 500's 0.03% decline. The company is expected to report an EPS of -$0.39 for its upcoming quarter, a 13.33% improvement from the same quarter a year earlier, on revenue of $45.19 million, which would represent 206.57% growth. For the full year, the Zacks Consensus Estimates call for earnings of -$2.27 per share and revenue of $162.52 million, year-over-year changes of -69.4% and +129.17%, respectively. Over the past month, the Zacks Consensus EPS estimate has seen no change, and AST SpaceMobile is currently a Zacks Rank #4 (Sell). The stock has gained 0.17% over the past month, underperforming the Computer and Technology sector's 5.26% gain and the S&P 500's 0.53% gain.

Impact on assets 1

Space Economy▲ · 1 stocks
Ast Spacemobile Inc
ASTS
± MixedCapitalrelevance

Earnings preview points to a narrower quarterly loss and strong revenue growth, but the stock is a Zacks Rank #4 (Sell) and has underperformed its sector.