FuboTV (NYSE:FUBO - Get Free Report) is set to issue its quarterly earnings data before the market opens on Friday, November 1st. Analysts expect the company to announce earnings of ($0.12) per share for the quarter. FuboTV has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Parties that are interested in registering for the company's conference call can do so using this link.
FuboTV (NYSE:FUBO - Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.06. FuboTV had a negative net margin of 15.44% and a negative return on equity of 74.58%. The firm had revenue of $389.22 million during the quarter, compared to analyst estimates of $369.47 million. On average, analysts expect FuboTV to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
FuboTV Stock Down 2.2 %
Shares of FuboTV stock traded down $0.04 during midday trading on Friday, hitting $1.57. The company had a trading volume of 6,114,791 shares, compared to its average volume of 10,467,332. FuboTV has a 52-week low of $1.10 and a 52-week high of $3.82. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.60 and a current ratio of 0.60. The stock has a market capitalization of $469.31 million, a P/E ratio of -1.79 and a beta of 1.79. The company has a 50 day moving average of $1.63 and a 200 day moving average of $1.43.
Analyst Ratings Changes
A number of research firms have recently commented on FUBO. Barrington Research reissued a "market perform" rating on shares of FuboTV in a research note on Tuesday, August 20th. Needham & Company LLC reissued a "buy" rating and set a $2.00 price objective on shares of FuboTV in a research report on Monday, August 19th. Finally, Seaport Res Ptn cut shares of FuboTV from a "strong-buy" rating to a "hold" rating in a report on Monday, August 19th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $2.88.
Check Out Our Latest Stock Analysis on FuboTV
Insiders Place Their Bets
In related news, Director Neil Glat acquired 25,000 shares of the firm's stock in a transaction dated Friday, August 16th. The stock was purchased at an average cost of $1.42 per share, with a total value of $35,500.00. Following the completion of the acquisition, the director now directly owns 25,000 shares of the company's stock, valued at approximately $35,500. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 7.00% of the stock is owned by insiders.
About FuboTV
(
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fuboTV Inc operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. The company's platform allows customers to access content through streaming devices, as well as on SmartTVs, mobile phones, tablets, and computers. fuboTV Inc was incorporated in 2009 and is headquartered in New York, New York.
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