GoPro Inc expected to post a loss of 25 cents a share - Earnings Preview
02/08/2024 22:17
* GoPro Inc GPRO.OQ GPRO.O is expected to show a fall in
quarterly revenue when it reports results on August 6 for the
period ending June 30 2024
* The San Mateo California-based company is expected to
report a
29.5% decrease in revenue to $170.016 million from $241.02
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
* LSEG's mean analyst estimate for GoPro Inc is for a loss
of 25
cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"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
$1.85, above its last closing price of $1.44.
The company's guidance on February 7 2024 for the period ended
June 30 was for gross profit margin of 35%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 -0.25 -0.25 -0.21 Beat 16
Dec. 31 0001 0.02 0.02 0.02 Met -13
Sep. 30 2023 0.02 0.02 0.04 Beat
Jun. 30 2023 -0.07 -0.07 -0.07 Met 0
Dec. -0.15 -0.14 -0.18 Missed -26.5
31 2022
Jan. 1 0001 0.10 0.09 0.12 Beat 35.1
Sep. 30 2022 0.16 0.16 0.19 Beat 16.9
Jan. 1 0001 0.06 0.06 0.08 Beat 28.7
This summary was machine generated August 2 at 21:17 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)