EchoStar Corp Class A
ECHO: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| x?g | LOCK|pY? | LOCK|Kzj |
EchoStar Earnings: As Spectrum Sales Draw Near, We Increase Our Fair Value Estimate to $120
EchoStar's fourth-quarter results were uneventful, given that the vast majority of its value is tied up in the cash and SpaceX shares it will receive from spectrum sales. Total revenue declined 4% as the firm continues to shed television customers. EchoStar burned $538 million during the quarter.
