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

GoPro

08/11/2024 21:07

* GoPro Inc  GPRO.OQ  reported quarterly breakeven results​​
per
share for the quarter ended September 30, lower than the same
quarter last year, when the company reported EPS of 4 cents. 
The mean expectation of three analysts for the quarter was for a
loss of 4 cents per share. Wall Street expected results to range
from -5 cents to -2 cents per share.
    * Revenue fell 12% to $258.90 million from a year ago;
analysts
expected $255.00 million. 
    * GoPro Inc's reported EPS for the quarter was a loss of 5
cents​.
    * The company reported a quarterly loss of $8.21 million.
    * GoPro Inc shares had risen by 6.6% this quarter and
lost 58.2%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the household
electronics peer group is also "hold"

Wall Street's median 12-month price target for GoPro Inc is
$1.35 
This summary was machine generated from LSEG data November 8 at
09:07 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      -0.04          0.00           Beat
 Jun. 30 2024      -0.25          -0.24          Beat
 Mar. 31 2024      -0.25          -0.21          Beat
 Dec. 31 2023      0.02           0.02           Met