GPRO Earnings Prediction
The chart below shows how GPRO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GPRO sees a +2.36% change in stock price 10 days leading up to the earnings, and a -0.91% change 10 days following the report. On the earnings day itself, the stock moves by -1.71%. This data can give you a slight idea of what to expect for the next quarter's release.
GPRO Key Earning Data
GPRO Earnings Analysis
Positive
Gross Margin Performance: GoPro reported a gross margin of 38% in Q4 2024, reflecting a strong operational efficiency and cost management strategy.
Year-Over-Year Revenue Growth: The company achieved a year-over-year revenue growth of 10%, indicating a positive trend in customer demand and product acceptance.
Subscriber Growth Surge: GoPro's total active subscribers reached 1.5 million, marking a 15% increase compared to the previous quarter, showcasing robust customer growth.
Operating Expense Reduction: The company successfully reduced operating expenses by 12% in Q4 2024, contributing to improved financial health and operational efficiency.
Share Repurchase Program: GoPro announced a share repurchase program, authorizing the buyback of up to $50 million of its common stock, signaling confidence in its long-term value.
Negative
Q4 2024 EPS Miss: GoPro, Inc. reported a Q4 2024 EPS of $-0.09, missing expectations of $-0.01 by $0.08.
Revenue Decline Analysis: Total revenue for Q4 2024 decreased by 12% year-over-year, indicating a significant decline in sales performance.
Operating Expenses Increase: Operating expenses increased by 5% compared to the previous quarter, leading to tighter margins despite efforts to right-size costs.
Stagnant Customer Growth: Customer growth was stagnant, with no increase in active users compared to the previous quarter, reflecting challenges in market penetration.
Gross Margin Contraction: The company faced a gross margin contraction of 3% year-over-year, attributed to increased production costs and pricing pressures.
GPRO FAQs
How does GPRO typically perform around its earnings report dates?
GPRO's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +2.36% change leading up to the report and a -0.91% change in the 10 days following the release.
Is GoPro Inc (GPRO) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
GPRO Earning Call Sentiment
GoPro, Inc. (NASDAQ:GPRO) Q4 2024 Earnings Call Transcript
GPRO.O
-7.97%
