GoPro (GPRO) Projected to Post Quarterly Earnings on Thursday

GoPro (NASDAQ:GPRO - Get Free Report) is expected to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect GoPro to post earnings of ($0.01) per share and revenue of $196.50 million for the quarter. GoPro has set its Q4 2024 guidance at -0.130--0.090 EPS and its FY 2024 guidance at -2.470--2.430 EPS.Investors interested in registering for the company's conference call can do so using this link.

GoPro (NASDAQ:GPRO - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.04) EPS for the quarter, meeting analysts' consensus estimates of ($0.04). GoPro had a negative return on equity of 33.48% and a negative net margin of 44.37%. The firm had revenue of $258.90 million for the quarter, compared to analyst estimates of $254.92 million. During the same period last year, the company earned ($0.02) EPS. On average, analysts expect GoPro to post $-3 EPS for the current fiscal year and $0 EPS for the next fiscal year.

GoPro Trading Up 0.5 %

Shares of GPRO traded up $0.01 during trading hours on Thursday, hitting $1.02. 545,170 shares of the stock traded hands, compared to its average volume of 1,339,940. The business has a fifty day moving average of $1.14 and a 200-day moving average of $1.27. The firm has a market capitalization of $157.08 million, a PE ratio of -0.39 and a beta of 1.53. GoPro has a 1-year low of $1.00 and a 1-year high of $3.15. The company has a current ratio of 1.32, a quick ratio of 0.87 and a debt-to-equity ratio of 0.51.

Wall Street Analysts Forecast Growth

Separately, Wedbush reaffirmed a "neutral" rating and issued a $1.50 target price on shares of GoPro in a research note on Wednesday, November 6th.

About GoPro

GoPro, Inc develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera.