Beachbody Company Inc reports results for the quarter ended September 30 - Earnings Summary

Beachbody

12/11/2024 23:26

* Beachbody Company Inc  BODI.N  reported a quarterly
adjusted
loss of 79 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of $-5.50.  The mean expectation of three analysts
for the quarter was for a loss of $1.58 per share. Wall Street
expected results to range from $-1.76 to $-1.38 per share.
    * Revenue fell 20.3% to $102.19 million from a year ago;
analysts
expected $103.16 million. 
    * Beachbody Company Inc's reported EPS for the quarter was a
loss
of $1.75​.
    * The company reported a quarterly loss of $12 million.
    * Beachbody Company Inc shares had risen by 16.4% this
quarter and
lost 19.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for Beachbody Company
Inc is 12.50 
This summary was machine generated from LSEG data November 12 at
11:26 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -1.58          -0.79          Beat
 Jun. 30 2024      -2.15          -1.69          Beat
 Mar. 31 2024      -1.87          -2.03          Missed
 Dec. 31 2023      -3.12          -3.97          Missed