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Compared to Estimates, ViaSat (VSAT) Q4 Earnings: A Look at Key Metrics
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ViaSat (VSAT - Free Report) reported $1.15 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 72.7%. EPS of -$0.72 for the same period compares to $15.56 a year ago.
The reported revenue represents a surprise of +3.37% over the Zacks Consensus Estimate of $1.11 billion. With the consensus EPS estimate being -$0.60, the EPS surprise was -20.00%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how ViaSat performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Aircrafts in-service: 3,650 versus the three-analyst average estimate of 3,637.
Revenue- Service revenues: $812.02 million compared to the $825.71 million average estimate based on four analysts. The reported number represents a change of +105.7% year over year.
Revenue- Product revenues: $337.99 million versus $292.45 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +24.6% change.
Revenue- Commercial Networks: $187.70 million versus the two-analyst average estimate of $173.04 million. The reported number represents a year-over-year change of +23%.
Revenue- Government Systems: $385.80 million compared to the $356.34 million average estimate based on two analysts. The reported number represents a change of +77.1% year over year.
Revenue- Satellite Services: $576.50 million versus $578.09 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +95% change.
Adjusted EBITDA- Satellite Services: $281.60 million compared to the $270.16 million average estimate based on two analysts.
Adjusted EBITDA- Government Systems: $117.30 million versus the two-analyst average estimate of $89.67 million.
Adjusted EBITDA- Commercial Networks: -$41.10 million versus the two-analyst average estimate of -$36.13 million.
Shares of ViaSat have returned +25% over the past month versus the Zacks S&P 500 composite's +7.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, ViaSat (VSAT) Q4 Earnings: A Look at Key Metrics
ViaSat (VSAT - Free Report) reported $1.15 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 72.7%. EPS of -$0.72 for the same period compares to $15.56 a year ago.
The reported revenue represents a surprise of +3.37% over the Zacks Consensus Estimate of $1.11 billion. With the consensus EPS estimate being -$0.60, the EPS surprise was -20.00%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how ViaSat performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Aircrafts in-service: 3,650 versus the three-analyst average estimate of 3,637.
- Revenue- Service revenues: $812.02 million compared to the $825.71 million average estimate based on four analysts. The reported number represents a change of +105.7% year over year.
- Revenue- Product revenues: $337.99 million versus $292.45 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +24.6% change.
- Revenue- Commercial Networks: $187.70 million versus the two-analyst average estimate of $173.04 million. The reported number represents a year-over-year change of +23%.
- Revenue- Government Systems: $385.80 million compared to the $356.34 million average estimate based on two analysts. The reported number represents a change of +77.1% year over year.
- Revenue- Satellite Services: $576.50 million versus $578.09 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +95% change.
- Adjusted EBITDA- Satellite Services: $281.60 million compared to the $270.16 million average estimate based on two analysts.
- Adjusted EBITDA- Government Systems: $117.30 million versus the two-analyst average estimate of $89.67 million.
- Adjusted EBITDA- Commercial Networks: -$41.10 million versus the two-analyst average estimate of -$36.13 million.
View all Key Company Metrics for ViaSat here>>>Shares of ViaSat have returned +25% over the past month versus the Zacks S&P 500 composite's +7.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.