Recap: Beachbody Co Q4 Earnings
Portfolio Pulse from Benzinga Insights
Beachbody Co (NYSE:BODI) reported Q4 earnings with an EPS of $-3.48, missing estimates by -12.0% and experiencing a revenue decline of $29.16 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, which previously led to a 6.0% drop in share price.
March 11, 2024 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Beachbody Co reported disappointing Q4 earnings, missing EPS estimates by 12% and showing a significant revenue decline from the previous year.
Given Beachbody Co's history of share price decline following missed earnings estimates, the Q4 earnings miss and revenue decline are likely to negatively impact the stock price in the short term. The pattern of missed estimates and subsequent share price reactions provides a basis for this analysis.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100