Beachbody (BODI) Scheduled to Post Quarterly Earnings on Tuesday

Beachbody (NYSE:BODI) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($1.76) per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Beachbody (NYSE:BODI) last issued its earnings results on Tuesday, August 6th. The company reported ($1.59) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.30) by $0.71. The business had revenue of $110.18 million during the quarter, compared to analysts’ expectations of $110.70 million. Beachbody had a negative return on equity of 92.82% and a negative net margin of 25.72%. On average, analysts expect Beachbody to post $-7 EPS for the current fiscal year and $-6 EPS for the next fiscal year.

Beachbody Stock Performance

Beachbody stock opened at $6.27 on Tuesday. The business has a 50 day simple moving average of $6.42 and a 200 day simple moving average of $7.69. Beachbody has a one year low of $5.14 and a one year high of $13.45. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.54 and a current ratio of 0.71.

Wall Street Analysts Forecast Growth

Separately, ThinkEquity started coverage on shares of Beachbody in a research report on Monday, July 15th. They set a “buy” rating and a $12.00 target price for the company. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Beachbody has an average rating of “Moderate Buy” and a consensus target price of $12.40.

About Beachbody

The Beachbody Company, Inc operates as a subscription health and wellness company that provides fitness, nutrition, and stress-reducing programs in the United States and internationally. The company operates Beachbody on Demand, a digital subscription platform that provides access to a library of live and on-demand fitness and nutrition content; and Beachbody on Demand Interactive (BODi) for live fitness and nutrition programs.