FuboTV Q4 Adj, EPS $(0.17) Beats $(0.31) Estimate, Sales $410.18M Beat $397.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
FuboTV (NYSE:FUBO) reported Q4 adjusted EPS of $(0.17), surpassing the $(0.31) estimate, and sales of $410.18M, exceeding the $397.66M estimate. This represents a significant improvement over the previous year, with a 56.41% decrease in losses per share and a 28.46% increase in sales.
March 01, 2024 | 12:33 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
FuboTV reported a smaller Q4 loss of $(0.17) per share, beating estimates, and sales of $410.18M, also above expectations. Year-over-year, losses decreased by 56.41% and sales increased by 28.46%.
FuboTV's better-than-expected Q4 earnings and sales figures, showing significant improvement over the previous year, are likely to positively impact investor sentiment and the stock price in the short term. The substantial beat on both the top and bottom lines, coupled with year-over-year growth, indicates strong operational performance and could lead to increased investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100