Sportradar Group AG (SRAD) shares plummeted 13.06% in early trading on Tuesday, following the release of the company's fourth-quarter financial results.
The sharp decline comes after Sportradar reported quarterly earnings that significantly missed analyst expectations. The company posted Q4 EPS of just 0.01 euros, far below the FactSet consensus estimate of 0.10 euros. Revenue for the quarter came in at 368.9 million euros, slightly below the expected 369.5 million euros.
For the full year 2026, Sportradar provided revenue guidance of 1.56 billion to 1.58 billion euros, with the lower end of this range falling short of the analyst consensus expectation of 1.58 billion euros. The substantial earnings miss and conservative guidance appear to have triggered the negative market reaction.
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