Iridium (IRDM) Q4 Earnings Report Preview: What To Look For
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Iridium (IRDM) is set to report its Q4 earnings this Thursday, with analysts expecting a revenue growth of 3.3% year-on-year to $219.9 million and adjusted earnings of $0.25 per share. The company has a strong track record of exceeding revenue estimates, having beaten them by an average of 2.1% over the past two years. Despite volatility in the telecommunications sector, Iridium's stock has risen 3.8% recently, with an average analyst price target of $28.13 against a current price of $20.33.
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