Fubotv Inc. (FUBO) reported an earnings miss for its 3rd quarter, ending 9/30/2022. Earnings per share had been -$0.82 versus the anticipated -$0.73.
Income got here in at $224.81 million. That represents development of 1.32% in comparison with the earlier quarter, and development of 43.48% in comparison with the identical interval final 12 months.
Typically, earnings bulletins have an effect on a inventory’s worth. There’s extra info that one can discover on the firm’s experiences that may have an effect on worth adjustments for FUBO inventory.
You can too follow-up on extra upcoming earnings releases anticipated this week and subsequent week on our calendar.
What’s subsequent for Fubotv Inc. submit earnings
In line with TipRanks, the common analyst consensus on FUBO inventory is a Average Purchase. This consensus relies on 7 analyst scores made up to now 3 months. Fubotv Inc.’s common worth goal of $5.70 implies upside potential of 68.14% from present ranges.
See our Earnings Calendar for a full listing of this week’s earnings releases.
Backside Line
An earnings miss can signify damaging motion forward for a inventory’s worth. At present, FUBO worth is $3.39, indicating a 5-day drop of -6.35%.
About Fubotv Inc.
Working as a sports-focused reside TV streaming service, fuboTV provides entry to over 100 reside TV channels, together with lots of Nielsen’s prime ranked networks
Study extra about FUBO financials right here
