GoPro Inc expected to post earnings of 2 cents a share - Earnings Preview
05/02/2024 22:02
* GoPro Inc GPRO.OQ GPRO.O is expected to show a rise in
quarterly revenue when it reports results on February 7 for the
period ending December 31 2023
* The San Mateo California-based company is expected to
report a
1.6% increase in revenue to $326.125 million from $321.02
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on November
7 2023, for the period ended December 31, was for revenue
between $320.00 million and $330.00 million.
* LSEG's mean analyst estimate for GoPro Inc is for
earnings of 2
cents per share. The company's EPS guidance on November 7 2023,
for the period ended December 31, was between $0.01 and $0.03
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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
$3.50, above its last closing price of $2.96.
The company's guidance on November 7 2023 for the period ended
December 31 was for gross profit margin between USD32.5% and
USD33.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
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. 31 2022 0.10 0.09 0.12 Beat 35.1
Sep. 0.16 0.16 0.19 Beat 16.9
30 2022
Jun. 30 2022 0.06 0.06 0.08 Beat 28.7
Mar. 31 2022 0.06 0.06 0.09 Beat 59.9
Dec. 31 2021 0.35 0.35 0.41 Beat 16.5
This summary was machine generated February 5 at 22:01 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)