GoPro, Inc. (NASDAQ:GPRO) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GPRO to report 3Q20 income of $ 0.06 per share.
For the full year, analysts anticipate top line of $ 880.47 million, while looking forward to income of $ 0.01 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.01 ~ $ 0.07 per share
Full Year 2020 bottomline are predicted in a range of $ 0.40 ~ $ 0.50 per share
Click Here For More Historical Outlooks Of GoPro, Inc.
Previous Quarter Performance
GoPro, Inc. unwinded loss for the second quarter of $ 0.20 per share, from the revenue of $ 134.25 million. Street analysts expected GoPro, Inc. to report loss of $ 0.17 per share on revenue of $ 114.27 million for the second quarter. The bottom line results missed street analysts by $ 0.03 or 17.65 percent, at the same time, top line results outshined analysts by $ 19.98 million or 17.48 percent.
Stock Performance
Shares of GoPro, Inc. traded up $ 0.20 or 3.33 percent on Wednesday, reaching $ 6.20 with volume of 2.25 million shares. GoPro, Inc. has traded high as $ 6.24 and has cracked $ 5.92 on the downward trend
The closing price of $ 6.20, representing a 200.00 % increase from the 52 week low of $ 2.00 and a 16.67 % decrease over the 52 week high of $ 7.20.
The company has a market capital of $ 978.53 million and is part of the Technology sector and Consumer Electronics industry.
Conference Call
GoPro, Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gopro.com
GoPro, Inc. develops and sells cameras, drones, and mountable and wearable accessories in the United States and internationally. The company offers HERO7, a cloud-connected line of camera; Fusion, a waterproof spherical camera; GoPro Plus, a cloud-based storage solution that enables subscribers to access, edit, and share content; Quik, a mobile editing app, as well as desktop app for editing options for power users; GoPro App, a mobile app that allows users to preview and play back photos and videos, control GoPro cameras, and share content; and Karma Grip, a handheld or body-mountable camera stabilizer that capture zero-shake smooth video.
