The Beachbody Company, Inc. (NYSE:BODY) Expected to Announce Earnings of -$0.09 Per Share

Wall Street brokerages expect The Beachbody Company, Inc. (NYSE:BODY – Get Rating) to report ($0.09) earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Beachbody’s earnings. Beachbody posted earnings per share of ($0.05) in the same quarter last year, which suggests a negative year-over-year growth rate of 80%. The firm is expected to report its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Beachbody will report full-year earnings of ($0.48) per share for the current financial year, with EPS estimates ranging from ($0.52) to ($0.43). For the next year, analysts expect that the firm will post earnings of ($0.21) per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that follow Beachbody.

Beachbody (NYSE:BODY – Get Rating) last announced its earnings results on Tuesday, March 1st. The company reported -0.17 earnings per share for the quarter. Beachbody had a negative net margin of 32.12% and a negative return on equity of 39.85%. The business had revenue of 216.27 million during the quarter.

Separately, DA Davidson dropped their price objective on shares of Beachbody to $2.50 and set a “na” rating for the company in a report on Monday. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. Based on data from MarketBeat.com, Beachbody currently has a consensus rating of “Hold” and a consensus target price of 6.00.

NYSE BODY traded up 0.02 on Wednesday, hitting 1.18. 5,105 shares of the stock were exchanged, compared to its average volume of 1,155,587. The company has a market capitalization of $366.69 million, a PE ratio of -1.27 and a beta of 1.81. Beachbody has a 52 week low of 0.91 and a 52 week high of 13.50. The business’s fifty day moving average is 1.84 and its 200 day moving average is 2.30.

About Beachbody (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.

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