GoPro (NASDAQ:GPRO – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of -2.470–2.430 for the period, compared to the consensus estimate of -0.430. The company issued revenue guidance of $790.0 million-$810.0 million, compared to the consensus revenue estimate of $864.7 million. GoPro also updated its Q4 2024 guidance to -0.130–0.090 EPS.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the company. StockNews.com raised GoPro from a “sell” rating to a “hold” rating in a report on Friday, September 13th. Wedbush reiterated a “neutral” rating and set a $1.50 price objective on shares of GoPro in a research note on Wednesday.
Read Our Latest Stock Analysis on GPRO
GoPro Price Performance
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.
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