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GoPro (GPRO) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
GPROGoPro(GPRO) ZACKS·2025-05-05 15:05

Core Viewpoint - The market anticipates GoPro (GPRO) to report a year-over-year increase in earnings despite lower revenues for the quarter ended March 2025, with actual results being crucial for stock price movement [1][2]. GoPro Earnings Expectations - GoPro is expected to report a quarterly loss of 0.13pershare,reflectingayearoveryearchangeof+38.10.13 per share, reflecting a year-over-year change of +38.1% [3]. - Revenues are projected to be 124.98 million, down 19.6% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3.13% lower in the last 30 days, indicating a bearish sentiment among analysts regarding GoPro's earnings prospects [4][10]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -4% [10][11]. Earnings Surprise Prediction - A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [8]. - GoPro currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, GoPro was expected to post a loss of 0.11persharebutactuallyreportedalossof0.11 per share but actually reported a loss of 0.09, resulting in a surprise of +18.18% [12]. - Over the past four quarters, GoPro has beaten consensus EPS estimates four times [13]. Industry Comparison - In the Zacks Audio Video Production industry, Sonos (SONO) is expected to post a loss of 0.18pershare,indicatingayearoveryearchangeof+47.10.18 per share, indicating a year-over-year change of +47.1% [17]. - Sonos's revenue is expected to be 255.92 million, up 1.3% from the previous year [17]. - The consensus EPS estimate for Sonos has been revised 220.8% lower in the last 30 days, but a higher Most Accurate Estimate has resulted in an Earnings ESP of 25.71%, suggesting a likely earnings beat [18].