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Benzinga
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Top Wall Street Forecasters Revamp Gogo Price Expectations Ahead Of Q4 Earnings

1. Gogo will release Q4 financial results on March 14. 2. Analysts predict earnings dropped to 9 cents per share. 3. Revenue expected to be slightly down at $97.8 million. 4. Gogo's acquisition of Satcom Direct was completed in December 2024. 5. Shares fell 1.2% to close at $6.87 recently.

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FAQ

Why Bearish?

The projected earnings decline and revenue decrease signal weakness. Historical trends show similar earnings misses often correlate with stock price drops.

How important is it?

Earnings performance directly affects investor sentiment and stock valuation; analysts' ratings impact buying behaviour.

Why Short Term?

Immediate earnings results will be released soon, affecting stock price quickly. Market reacts sharply to quarterly results, especially when expectations aren't met.

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