fuboTV Q2 2024 Earnings Preview
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Contributor since / Followers
Contributor since / Followers
2 months ago
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- fuboTV (NYSE:FUBO) is scheduled to announce Q2 earnings results on Tuesday, August 6th, before market open.
- The consensus EPS Estimate is -$0.08 (+52.9% Y/Y) and the consensus Revenue Estimate is $368.26M (+17.8% Y/Y).
- Over the last 2 years, FUBO has beaten EPS estimates 75% of the time and has beaten revenue estimates 75% of the time.
- Over the last 3 months, EPS estimates have seen 4 upward revisions and 0 downward. Revenue estimates have seen 8 upward revisions and 1 downward.
- SA author Jason Ditz highlights that fuboTV, a sports-first pay TV service, is gaining popularity as people switch from cable to streaming due to cost. Despite expanding into Europe and experiencing subscriber growth, the company faces challenges with profitability, competition, and content contracts and operational dependencies.