Fubotv Inc reports results for the quarter ended March 31 - Earnings Summary

• Fubotv Inc FUBO.N reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -22 cents. The mean expectation of eight analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -12 cents to -5 cents per share.

• Revenue rose 3.5% to $416.29 million from a year ago; analysts expected $415.45 million.

• Fubotv Inc's reported EPS for the quarter was 55 cents​.

• The company reported quarterly net income of $188.49 million.

• Fubotv Inc shares had risen by 0.3% this quarter and gained 132.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 14.3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "hold"

• Wall Street's median 12-month price target for Fubotv Inc is $3.50

This summary was machine generated from LSEG data May 2 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)