GoPro Inc expected to post a loss of 4 cents a share - Earnings Preview
06/11/2024 14:35
* GoPro Inc GPRO.OQ GPRO.O is expected to show a fall in
quarterly revenue when it reports results on November 7 for the
period ending September 30 2024
* The San Mateo California-based company is expected to
report a
13.4% decrease in revenue to $255 million from $294.3 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.The company's guidance on August 6 2024, for the
period ended September 30, was for revenue between $250.00
million and $260.00 million.
* LSEG's mean analyst estimate for GoPro Inc is for a loss
of 4
cents per share. The company's EPS guidance on August 6 2024,
for the period ended September 30, was between $-0.07 and
$-0.03
* 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
$1.35, below its last closing price of $1.40.
The company's guidance on August 6 2024 for the period ended
September 30 was for gross profit margin between USD33.5% and
USD34.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 -0.25 -0.25 -0.24 Beat 2.7
Jan. 1 2024 -0.25 -0.25 -0.21 Beat 16
Dec. 31 2023 0.02 0.02 -13
Sep. 30 2023 0.02 0.02 0.04 Beat 90.5
Jun. -0.07 -0.07 -0.07 Met 0
30 2023
Mar. 31 2023 -0.15 -0.14 -0.18 Missed -26.5
Dec. 31 2022 0.10 0.09 0.12 Beat 35.1
Sep. 30 2022 0.16 0.16 0.19 Beat 16.9
This summary was machine generated November 6 at 14:34 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)