Gogo Inc expected to post earnings of 5 cents a share - Earnings Preview

Gogo

01/11/2024 14:22

* Gogo Inc  GOGO.OQ   GOGO.O  is expected to show a fall in
quarterly revenue when it reports  results on November 5 for the
period ending January 1 0001
    * The Broomfield Colorado-based  company is expected to
report a
0.7% decrease in revenue to $97.301 million from $97.95 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 5
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 $6.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.07        0.07       0.01      Missed  -85.3
 Mar. 31 2024  0.08        0.07       0.23      Beat    222
 Dec. 31 2023  0.09        0.10       0.11      Beat    5.8​
 Sep. 30 2023  0.15        0.14       0.16      Beat    13.1
 ​​Jun.        0.15        0.14       0.67      Beat    369
 30 2023                                                
 Mar. 31 2023  0.14        0.14       0.15      Beat    11.1​
 Dec. 31 2022  0.16        0.16       0.21      Beat    34.9
 Sep. 30 2022  0.16        0.15       0.15      Met     1.7
 This summary was machine generated November 1 at 14:22 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)