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

Gogo

01/05/2023 19:33

* Gogo Inc  GOGO.OQ   GOGO.O  is expected to show a rise in
quarterly revenue when it reports  results on May 3. 
    * The Broomfield Colorado-based  company is expected to
report  a
9.2% increase in revenue to $101.262 million from $92.75 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Gogo Inc is for
earnings
of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "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
$19​,
above​ its last closing price of $13.41. ​​​

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 2022  0.16        0.16       0.21      Beat    34.9
 Sep. 30 2022  0.16        0.15       0.15      Met     1.7
 Jun. 30 2022  0.14        0.14       0.17      Beat    18.3​
 Mar. 31 2022  0.13        0.13       0.18      Beat    37
 ​​Dec.        0.08        0.08       1.60      Beat    1,831
 31 2021                                                
 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
 This summary was machine generated May 1 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated