The Beachbody Company, Inc. Class A Common Stock's Earnings Outlook
Portfolio Pulse from Benzinga Insights
The Beachbody Company, Inc. (NYSE:BODI) is expected to report a Q4 earnings per share (EPS) of $-3.12 on March 11, 2024. Analysts and investors are looking for an earnings beat and positive guidance for the next quarter. Historically, BODI has missed EPS estimates in the past four quarters, leading to significant price drops. Shares are currently trading at $9.48, down 73.3% over the last 52 weeks, indicating a bearish outlook from long-term shareholders.
March 08, 2024 | 2:01 pm
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The Beachbody Company, Inc. is anticipated to report a Q4 EPS of -$3.12. Historical misses have negatively impacted stock prices. Currently trading at $9.48, down 73.3% over the last year.
Given BODI's history of missing EPS estimates and the subsequent negative impact on its stock price, it's likely that any deviation from the expected EPS or negative guidance could lead to further declines in the short term. The current trading price and the 73.3% decrease over the last year reflect a bearish market sentiment that could be exacerbated by disappointing earnings.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100