Telos Corporation Quarterly Earnings Report
Telos Corporation (TLS) announced a quarterly loss of $0.03 per share, outperforming the Zacks Consensus Estimate of a $0.13 loss. This contrasts with last year's earnings of $0.04 per share. The figures have been adjusted to exclude non-recurring items.
Earnings Surprise and Historical Performance
The report marks a significant earnings surprise of approximately 76.92%. In the previous quarter, analysts anticipated a $0.13 loss per share, but the company reported a smaller loss of $0.04, exceeding expectations by about 69.23%. Over the past year, Telos has exceeded consensus EPS estimates in all four quarters.
Stock Performance and Future Outlook
The company's stock performance will largely depend on management's commentary during the earnings call, which could influence the sustainability of its recent price movements.
Since the start of the year, Telos shares have declined roughly 54.8%, compared to the S&P 500's 17.2% gain.
Analyst Estimates and Industry Trends
Looking ahead, investors are pondering the company's future prospects. Key to this is the earnings outlook, including...