Beachbody Company Third Quarter 2024 Earnings: Misses Expectations

Beachbody Company (NYSE:BODI) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$102.2m (down 20% from 3Q 2023).
• Net loss: US$12.0m (loss narrowed by 63% from 3Q 2023).
• US$1.76 loss per share (improved from US$5.29 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Beachbody Company Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 12%.

Looking ahead, revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Consumer Services industry in the US are expected to grow by 10%.

Performance of the American Consumer Services industry.

The company's shares are up 9.8% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with Beachbody Company.

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