Beachbody Company Inc expected to post a loss of $2.30 a share - Earnings Preview

Beachbody

03/08/2024 02:17

* Beachbody Company Inc  BODI.N   BODI.K  is expected
to show a
fall in quarterly revenue when it reports  results on August 6
for the period ending June 30 2024
    * The El Segundo California-based  company is expected to
report a
18.0% decrease in revenue to $110.719 million from $134.95
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Beachbody Company Inc is
for a
loss of $2.30 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Beachbody
Company
Inc is $13.50​, above​ its last closing price of $7.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -1.86       -1.87      -2.03     Missed  -8.7
 Dec. 31 2024  -2.25       -3.12      -3.97     Missed  -27
 Sep. 30 2023  -3.49       -3.50      -5.50     Missed  -57.1​
 Jun. 30 2023  -4.77       -4.33      -4.00     Beat    7.7
 ​​Mar.        -3.82       -3.87      -4.50     Missed  -16.1
 31 2023                                                
 Dec. 31 2022  -4.50       -5.11      -7.50     Missed  -46.8​
 Sep. 30 2022  -6.39       -6.32      -5.50     Beat    13
 Jun. 30 2022  -5.54       -5.16      -7.00     Missed  -35.7
 This summary was machine generated August 3 at 01:17 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)