Gogo Inc reports results for the quarter ended in September - Earnings Summary

Gogo

03/11/2022 13:34

* Gogo Inc  GOGO.OQ  reported quarterly adjusted earnings of
15
cents​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of 15 cents per share.
    * Revenue rose 20.8% to $105.32 million from a year ago;
analysts
expected $101.91 million. 
    * Gogo Inc's reported EPS for the quarter was 15 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Gogo Inc shares had risen by 22.0% this quarter and
gained 9.3%
so far this year.
    * The company reported quarterly net income of $20.18
million.
    * Wall Street's median 12-month price target for Gogo Inc is
$21.80 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 01:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.15           0.15           Met
 Jun. 30 2022      0.14           0.17           Beat
 Mar. 31 2022      0.13           0.18           Beat
 Dec. 31 2021      0.08           1.60           Beat