GoPro Inc expected to post a loss of 25 cents a share - Earnings Preview
04/05/2024 03:01
* GoPro Inc GPRO.OQ GPRO.O is expected to show a fall in
quarterly revenue when it reports results on May 7 for the
period ending March 31 2024
* The San Mateo California-based company is expected to
report a
16.2% decrease in revenue to $146.5 million from $174.72 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on February 7 2024,
for the period ended March 31, was for revenue between $140.00
million and $150.00 million.
* LSEG's mean analyst estimate for GoPro Inc is for a loss
of 25
cents per share. The company's EPS guidance on February 7 2024,
for the period ended March 31, was between $-0.27 and $-0.23
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "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 GoPro Inc
is
$2.20, above its last closing price of $1.92.
The company's guidance on February 7 2024 for the period ended
March 31 was for gross profit margin of USD32.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.02 0.02 0.02 Met -13
Sep. 30 2023 0.02 0.02 0.04 Beat 90.5
Jun. 30 2023 -0.07 -0.07 -0.07 Met 0
Mar. 31 2023 -0.15 -0.14 -0.18 Missed -26.5
Dec. 0.10 0.09 0.12 Beat 35.1
31 2022
Sep. 30 2022 0.16 0.16 0.19 Beat 16.9
Jun. 30 2022 0.06 0.06 0.08 Beat 28.7
Mar. 31 2022 0.06 0.06 0.09 Beat 59.9
This summary was machine generated May 4 at 02:01 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)