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Benzinga
102 days

Gogo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. Gogo expected Q1 earnings at 8 cents, down from 16 cents last year. 2. Projected revenue for Gogo is $214.44 million, up from $104.32 million. 3. Analysts show mixed sentiment with lowered price targets for Gogo. 4. Gogo shares gained 0.5% closing at $7.57 prior to earnings report. 5. Oakleigh Thorne recently appointed as Executive Chairman of Gogo.

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FAQ

Why Bearish?

Earnings drop and reduced price targets suggest declining investor confidence, potentially lowering stock prices.

How important is it?

The upcoming earnings report and analysts’ price adjustments are significant for Gogo's direction.

Why Short Term?

Earnings reports typically influence stock prices immediately; current projections are unfavorable.

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