The Beachbody Company, Inc. Class A Common Stock Q4 2023 Adj EPS $(3.48) Misses $(3.12) Estimate, Sales $119.010M Beat $108.750M Estimate
Portfolio Pulse from Benzinga Newsdesk
The Beachbody Company, Inc. (BODI) reported Q4 2023 adjusted EPS of $(3.48), missing the $(3.12) estimate, with sales of $119.010M beating the $108.750M estimate, a 19.68% decrease from the previous year.

March 11, 2024 | 8:14 pm
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The Beachbody Company, Inc. reported a larger than expected quarterly loss but exceeded sales forecasts, with a significant year-over-year sales decline.
The mixed earnings report from BODI, with a miss on EPS but a beat on sales, presents a nuanced picture for investors. The miss on EPS could concern investors about profitability, while the beat on sales might indicate better-than-expected revenue generation. However, the significant year-over-year decline in sales could raise concerns about the company's growth trajectory. Overall, the impact on the stock price in the short term is likely to be neutral as investors weigh these factors.
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