Everything you need to know before the gains

The live streaming service and Fubotv TV streaming (NYSE: FUBO) will announce the results of the results this Friday before market hours. Here is what to look for.

Fubotv missed the expectations of analysts’ income of 28.7% in the last quarter, declaring income of $ 416.3 million, up 3.5% over one year. It was a very solid quarter for the company, with an impressive beat of the BPA estimates of analysts and a solid rhythm of the EBITDA estimates of analysts. He declared 1.47 million national subscribers, down 2.7% over a year.

Is Fubotv a purchase or a sale in income? Read our full analysis here, it’s free.

This quarter, analysts expect FUBOTV’s revenues to decrease 5.6% over a year to 368.9 million dollars, a reversal compared to the 25% increase it recorded in the same quarter last year. The adjusted profits should reach $ 0.03 per share.

The majority of analysts covering the company have reconfirmed their estimates in the last 30 days, suggesting that they anticipate the company to remain the course before income. Fubotv has missed the estimates of Wall Street’s income in the past two years.

Looking at Fubotv’s peers in the media segment, some have already reported their results in the second quarter, giving us a clue to what we can expect. The New York Times recorded growth in annual shift revenues of 9.7%, beating analysts’ expectations by 2.3%, and Disney declared income up 2.1%, in accordance with consensual estimates.

Read our complete analysis of the New York Times results here and Disney’s results here.

Investors in the media segment have had stable hands in profits, equity prices increasing 1.1% on average in the last month. FUBOTV is up 3.9% in the same time and heads for profit with an average analyst price target of $ 4.83 (compared to the current share of $ 3.75).

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