* Fubotv Inc reported a quarterly adjusted loss of 16 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of eight analysts for the quarter was for a loss of 18 cents per share. Wall Street expected results to range from -21 cents to -13 cents per share.
* Revenue rose 20.3% to $386.21 million from a year ago; analysts expected $376.77 million.
* Fubotv Inc's reported EPS for the quarter was a loss of 16 cents.
* The company reported a quarterly loss of $52.42 million.
* Fubotv Inc shares had risen by 22.5% this quarter and lost 45.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 8.7% in the last three months.
* In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the online services peer group is also "hold"
Wall Street's median 12-month price target for Fubotv Inc is 2.50 This summary was machine generated from LSEG data November 1 at 02:25 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.18 -0.16 Beat
Jun. 30 2024 -0.15 -0.06 Beat
Mar. 31 2024 -0.21 -0.22 Missed
Dec. 31 2023 -0.31 -0.24 Beat
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