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Gogo Inc expected to post earnings of 3 cents a share - Earnings Preview

Gogo Inc GOGO.OQ GOGO.O is expected to show a fall in quarterly revenue when it reports  results on March 14 for the period ending December 31 2024

The Broomfield Colorado-based  company is expected to report a 0.5% decrease in revenue to $97.352 million from $97.81 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Gogo Inc is for earnings of 3 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "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 $15.50​, above​ its last closing price of $7.34. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 20240.050.050.13Beat160
Jun. 30 20240.070.070.01Missed-85.3
Mar. 31 20240.080.070.23Beat222​
Dec. 31 20230.090.100.11Beat5.8
​​Sep. 30 20230.150.140.16Beat13.1
Jun. 30 20230.150.140.67Beat369​
Mar. 31 20230.140.140.15Beat11.1
Dec. 31 20220.160.160.21Beat34.9
This summary was machine generated March 12 at 12:32 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)

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