FuboTV Inc. (NYSE: FUBO) Quarterly Earnings Preview

• Analysts predict a quarterly loss of $0.12 per share for FuboTV, indicating a 29.4% year-over-year improvement.
• Revenue is expected to reach $446.66 million, marking an 8.9% increase from the same quarter last year.
• The stability in the consensus EPS estimate over the past 30 days suggests potential investor reactions to the upcoming earnings announcement.

FuboTV Inc. (NYSE: FUBO) is a sports-first live TV streaming platform that offers a wide range of channels, including sports, news, and entertainment. As a competitor in the streaming industry, FuboTV faces competition from other major players like Netflix, Hulu, and Disney+. The company is set to release its quarterly earnings on February 28, 2025, with Wall Street estimating an earnings per share (EPS) of -$0.16 and revenue of approximately $445.2 million.

Analysts forecast a quarterly loss of $0.12 per share for Fubo, marking a 29.4% year-over-year improvement. This suggests that the company is making progress in reducing its losses. Revenue is expected to reach $446.66 million, an 8.9% increase from the same quarter last year. This growth in revenue indicates that Fubo is expanding its customer base and increasing its market share.

The stability in the consensus EPS estimate over the past 30 days is noteworthy. Analysts have not revised their initial estimates, which can be a critical factor in predicting investor reactions. Empirical research shows a strong correlation between trends in earnings estimate revisions and short-term stock price performance. Investors should closely monitor these estimates as Fubo's earnings announcement approaches.

FuboTV's financial metrics reveal some challenges. The company has a negative price-to-earnings (P/E) ratio of -5.86, indicating it is not currently profitable. The price-to-sales ratio is 0.77, suggesting the stock is valued at less than one times its sales. Additionally, the enterprise value to operating cash flow ratio is significantly negative at -14.76, highlighting difficulties in generating positive cash flow from operations.

FuboTV's debt-to-equity ratio stands at 1.61, indicating a higher level of debt compared to its equity. The current ratio is 0.54, suggesting potential liquidity concerns as the company may struggle to cover its short-term liabilities with its current assets. These financial metrics underscore the importance of the upcoming earnings report, which will provide insights into FuboTV's financial health and future prospects.