Gogo (GOGO) Scheduled to Post Earnings on Monday
Gogo (NASDAQ:GOGO) is set to post its Q214 quarterly earnings results on Monday, August 11th. Analysts expect Gogo to post earnings of ($0.23) per share and revenue of $99.40 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Gogo (NASDAQ:GOGO) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.20) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.25) by $0.05. The company had revenue of $95.70 million for the quarter, compared to the consensus estimate of $94.58 million. Gogo’s revenue was up 35.2% compared to the same quarter last year. On average, analysts expect Gogo to post $-0.88 EPS for the current fiscal year and $-0.35 EPS for the next fiscal year.
Gogo (NASDAQ:GOGO) opened at 15.66 on Friday. Gogo has a 1-year low of $9.71 and a 1-year high of $35.77. The stock has a 50-day moving average of $17.31 and a 200-day moving average of $18.69. The company’s market cap is $1.332 billion.
GOGO has been the subject of a number of recent research reports. Analysts at Macquarie initiated coverage on shares of Gogo in a research note on Tuesday, June 17th. They set a “neutral” rating and a $21.00 price target on the stock. Analysts at Wells Fargo & Co. initiated coverage on shares of Gogo in a research note on Friday, June 13th. They set a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $23.33.
Gogo Inc is a holding company. The Company operates through its two operating subsidiaries, Gogo LLC and Aircell Business Aviation Services LLC.
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