GoPro (GPRO) Set to Announce Earnings on Tuesday

GoPro (NASDAQ:GPRO) will be releasing its earnings data after the market closes on Tuesday, August 6th. Analysts expect GoPro to post earnings of ($0.25) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

GoPro (NASDAQ:GPRO) last posted its quarterly earnings data on Tuesday, May 7th. The company reported ($0.26) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.04. GoPro had a negative net margin of 36.75% and a negative return on equity of 14.66%. The company had revenue of $155.47 million for the quarter, compared to analyst estimates of $147.21 million. On average, analysts expect GoPro to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

GoPro Stock Down 5.6 %

Shares of NASDAQ:GPRO opened at $1.36 on Monday. The firm has a market capitalization of $203.86 million, a PE ratio of -0.57 and a beta of 1.61. The business has a 50 day simple moving average of $1.49 and a two-hundred day simple moving average of $1.96. GoPro has a 1 year low of $1.28 and a 1 year high of $4.17. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.68 and a quick ratio of 1.08.

Wall Street Analyst Weigh In

Separately, Wedbush restated a “neutral” rating and set a $2.00 price objective on shares of GoPro in a report on Wednesday, May 8th.

GoPro Company Profile

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.