FuboTV Q3 Adj. EPS $(0.22) Beats $(0.32) Estimate, Sales $311.82M Beat $286.18M Estimate
Portfolio Pulse from Benzinga Newsdesk
FuboTV reported Q3 adjusted EPS of $(0.22), beating the estimate of $(0.32) by 31.25%. This is a 57.69% increase over losses from the same period last year. The company also reported quarterly sales of $311.82M, beating the estimate of $286.18M by 8.96%, a 38.70% increase over sales from the same period last year.
November 03, 2023 | 11:46 am
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FuboTV's Q3 results exceeded estimates, with both EPS and sales showing significant increases over the same period last year.
FuboTV's Q3 results exceeded analyst estimates, which is typically a positive signal for the stock. The significant increases in both EPS and sales compared to the same period last year indicate strong growth, which is likely to be viewed favorably by investors.
CONFIDENCE 90
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RELEVANCE 100