GoPro (NASDAQ:GPRO - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce 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.Individual interested in listening to the company's earnings conference call can do so using this link.
GoPro (NASDAQ:GPRO - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). The business had revenue of $258.90 million during the quarter, compared to analyst estimates of $254.92 million. GoPro had a negative return on equity of 33.48% and a negative net margin of 44.37%. During the same period last year, the company posted ($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 11.2 %
Shares of GoPro stock traded up $0.11 on Wednesday, reaching $1.08. 3,845,064 shares of the company were exchanged, compared to its average volume of 1,730,756. GoPro has a fifty-two week low of $0.89 and a fifty-two week high of $3.03. The firm has a market capitalization of $166.37 million, a price-to-earnings ratio of -0.41 and a beta of 1.51. The company has a current ratio of 1.32, a quick ratio of 0.87 and a debt-to-equity ratio of 0.51. The stock has a fifty day moving average price of $1.12 and a 200-day moving average price of $1.25.
Analysts Set New Price Targets
Separately, Wedbush reaffirmed a "neutral" rating and set a $1.50 price objective on shares of GoPro in a research note on Friday, January 31st.
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About GoPro
(
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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.
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