The Beachbody Company, Inc. (NYSE:BODY) Expected to Announce Earnings of -$0.12 Per Share

Equities research analysts expect The Beachbody Company, Inc. (NYSE:BODY – Get Rating) to post earnings of ($0.12) per share for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Beachbody’s earnings. The business is expected to issue its next earnings results on Monday, January 1st.

On average, analysts expect that Beachbody will report full year earnings of ($0.44) per share for the current fiscal year, with EPS estimates ranging from ($0.50) to ($0.37). For the next financial year, analysts forecast that the business will post earnings of ($0.21) per share. Zacks’ EPS averages are an average based on a survey of research analysts that follow Beachbody.

Beachbody (NYSE:BODY – Get Rating) last released its earnings results on Tuesday, March 1st. The company reported -0.17 earnings per share for the quarter. The firm had revenue of 216.27 million during the quarter.

Separately, DA Davidson dropped their price target on Beachbody from $6.25 to $4.75 and set a “buy” rating on the stock in a research note on Friday, March 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of 6.45.

Shares of BODY stock traded up 0.09 on Wednesday, hitting 1.92. The stock had a trading volume of 11,683 shares, compared to its average volume of 1,205,296. The business has a 50 day moving average price of 2.09 and a 200 day moving average price of 3.00. Beachbody has a one year low of 1.51 and a one year high of 13.50.

Beachbody Company Profile (Get Rating)

The Beachbody Company, Inc operates as a health and wellness platform that provides fitness, nutrition, and stress-reducing programs. It operates in two segments, Beachbody and Other. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Openfit, a digital streaming platform that provides digital fitness and wellness resource.

Featured Articles