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

• Beachbody Company Inc BODI.N reported a quarterly adjusted loss of 84 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-2.03. The mean expectation of three analysts for the quarter was for a loss of $1.44 per share. Wall Street expected results to range from $-1.70 to $-1.30 per share.

• Revenue fell 39.7% to $72.36 million from a year ago; analysts expected $64.18 million.

• Beachbody Company Inc's reported EPS for the quarter was a loss of 84 cents​.

• The company reported a quarterly loss of $5.75 million.

• Beachbody Company Inc shares had fallen by 31.2% this quarter and lost 16.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 56% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Beachbody Company Inc is $11.15

This summary was machine generated from LSEG data May 14 at 09:01 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)