Gogo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Earnings drop and reduced price targets suggest declining investor confidence, potentially lowering stock prices.
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Earnings drop and reduced price targets suggest declining investor confidence, potentially lowering stock prices.
What happened, with direct paths to the underlying reporting
Gogo expected Q1 earnings at 8 cents, down from 16 cents last year. Projected revenue for Gogo is $214.44 million, up from $104.32 million. Analysts show mixed sentiment with lowered price targets for Gogo. Gogo shares gained 0.5% closing at $7.57 prior to earnings report. Oakleigh Thorne recently appointed as Executive Chairman of Gogo.
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