Hopes are high that Paris-based Eutelsat will today (May 14th) unveil its Q3 results and perhaps, just perhaps, there will be a little top-line growth.

That’s the view from equity analysts at investment bank Exane/BNPP, who suggest that after seven consecutive quarter-year statements which reported declines, they expect today’s numbers to show a modest 0.3 per cent (y-o-y) organic revenue helped by an uplift of €19 million from Eutelsat’s ‘Mobility’ division and “stabilisation” in its important ‘Video’ segment (revenues of €228 million).

The bank’s number-crunchers expect overall revenues for the quarter-year to be €353 million, which is towards the higher-end of market expectations.

Investors are hoping that positive numbers (and a confirmed guidance for the calendar year) will lead to a marked uplift in Eutelsat’s share price. The bank points out that similar positive news helped SES (up 9 per cent on its results day), Intelsat (up 38 per cent, on its day and another 9 per cent on May 11th), Inmarsat (up 9 per cent) and Telesat (up 2 per cent). “We expect a similar reaction on Eutelsat,” said the bank’s note.

Other posts by Chris Forrester:

1. Analyst: Satellite DTD market worth billions
2. Bank: Rocket Lab value boosted by Virgin Orbit assets
3. Analyst: “TV Industry consolidation inevitable”
4. Intelsat: ‘Insider trading’ appeal lodged
5. ESA boss praises SpaceX
6. How Virgin Orbit lost a billion dollars
7. Spaceport resurrects Sea Launch concept
8. Analysts issue Paramount Global warning
9. Viasat, Inmarsat targeting growth in IFC, D2C cellular

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