Gogo Inc expected to post earnings of 14  cents a share - Earnings Preview

Gogo

03/05/2022 16:54

* Gogo Inc  GOGO.OQ   GOGO.O  is expected to show a rise in
quarterly revenue when it reports  results on May 5. 
    * The Broomfield Colorado-based  company is expected to
report  a
20.9% increase in revenue to $89.302 million from $73.87 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Gogo Inc is for
earnings
of 14 cents per share. For the same quarter last year, the
company reported a loss of 9 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 Gogo Inc is
$21​,
above​ its last closing price of $18.46. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.08        0.08       1.60      Beat    1,831
 Sep. 30 2021  0.09        0.09       0.16      Beat    86.7
 Jun. 30 2021  -0.04       -0.05      -0.63     Missed  -1,045
                                                        .5​
 Mar. 31 2021  -0.13       -0.13      -0.09     Beat    29.9
 ​​Dec.        -0.09       -0.32      0.01      Beat    103.1
 31 2020                                                
 Sep. 30 2020  -0.80       -0.77      -0.97     Missed  -26​
 Jun. 30 2020  -0.89       -0.88      -1.05     Missed  -18.6
 Mar. 31 2020  -0.40       -0.37      -0.47     Missed  -25.9
 This summary was machine generated May 3 at 15:54 GMT.  All
figures in US dollars  unless otherwise stated