Beachbody Co Q2 EPS $(0.08) Beats $(0.09) Estimate, Sales $134.95M Miss $136.26M Estimate
Portfolio Pulse from totan@benzinga.com
Beachbody Co (NYSE:BODY) reported Q2 losses of $(0.08) per share, beating the analyst consensus estimate of $(0.09) by 11.11%. However, the company's quarterly sales of $134.95 million missed the analyst consensus estimate of $136.26 million by 0.96%. This represents a 24.67% decrease in sales compared to the same period last year.
August 08, 2023 | 8:35 pm
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Beachbody Co reported better than expected Q2 EPS but missed on sales. The sales decrease of 24.67% YoY could be a concern for investors.
While Beachbody Co beat EPS estimates, the miss on sales and the significant YoY decrease could negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100