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. Virgin Galactic in stock split
2. Thuraya-3 suffers major problem
3. AST SpaceMobile hit by Class Action
4. Optimism under threat at SES
5. Rivada visits Terran Orbital’s manufacturing HQ
6. Avanti wins spectrum debt obligation case
7. SpaceX breaks records for re-use launchers
8. IRIS2 already in trouble?
9. Intelsat contemplates next steps

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