Loral Space & Communications, Inc. :LORL-US: Earnings Analysis: Q2, 2016 By the Numbers : September 13, 2016

Loral Space & Communications, Inc. reports financial results for the quarter ended June 30, 2016.

Analysis

  • Summary numbers: Revenues of USD 0 million, Net Earnings of USD 32.65 million.
  • The company did not record any revenues for the last twelve months making the comparison of net margin versus asset turnover meaningless.
  • LORL-US‘s operating performance is higher than the median of its chosen peers (ROE of 35.04% compared to the peer median ROE of 5.21%) but the market does not seem to expect higher growth relative to peers (P/E of 15.43 compared to peer median of 15.43) but simply to maintain its relatively high rates of return.
  • Cash and Cash equivalents were down this period to 47.65 million compared to 69.25 million in the same period last year.
  • We consider the company to have a Quick & Able profile as it currently does not have any debt. In comparison, the median level of debt as percent of enterprise value for its peer group is currently 31.20%.
  • All 8 peers for the company have an outstanding debt balance.
  • Net income of 32.65 million this period compared to a net income of 23.91 million last period. This is a growth of 36.59% over the previous period. In comparison, the peer group grew at 9.34%

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Earnings Growth YOY %
Cash & ST Investments

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Company Profile

Loral Space & Communications, Inc. engages in the provision of satellite-based communication services. Its operations include video distribution and contribution, satellite transmission, telecommunications, and internet services. The company was founded on June 24, 2005 and is headquartered in New York, NY.

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