Tuesday, February 7, 2023
HomeInvestmentFubotv Inc. Reported Earnings. Did it Beat Estimates?

Fubotv Inc. Reported Earnings. Did it Beat Estimates?


Fubotv Inc. (FUBO) reported an earnings miss for its 3rd quarter, ending 9/30/2022. Earnings per share have been -$0.82 versus the anticipated -$0.73.

Income got here in at $224.81 million. That represents development of 1.32% in comparison with the earlier quarter, and development of 43.48% in comparison with the identical interval final yr.

Usually, earnings bulletins have an effect on a inventory’s value. There’s extra data that one can discover on the firm’s experiences that may have an effect on value adjustments for FUBO inventory.

You too can follow-up on extra upcoming earnings releases anticipated this week and subsequent week on our calendar.

What’s subsequent for Fubotv Inc. submit earnings

In response to TipRanks, the common analyst consensus on FUBO inventory is a Reasonable Purchase. This consensus is predicated on 7 analyst rankings made up to now 3 months. Fubotv Inc.’s common value goal of $5.70 implies upside potential of 68.14% from present ranges.

See our Earnings Calendar for a full record of this week’s earnings releases.

Backside Line

An earnings miss can signify damaging motion forward for a inventory’s value. Presently, FUBO value is $3.39, indicating a 5-day drop of -6.35%.

About Fubotv Inc.

Working as a sports-focused reside TV streaming service, fuboTV affords entry to over 100 reside TV channels, together with lots of Nielsen’s high ranked networks

Be taught extra about FUBO financials right here

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