Unveiling fuboTV (FUBO) Q4 Outlook: Wall Street Estimates for Key Metrics

Wall Street analysts forecast that fuboTV Inc. (FUBO) will report quarterly loss of $0.12 per share in its upcoming release, pointing to a year-over-year increase of 29.4%. It is anticipated that revenues will amount to $446.66 million, exhibiting an increase of 8.9% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.Bearing this in mind, let's now explore the average estimates of specific fuboTV metrics that are commonly monitored and projected by Wall Street analysts.Analysts predict that the 'Revenues- Advertising' will reach $38.57 million. The estimate indicates a change of -1.1% from the prior-year quarter.Analysts expect 'Revenues- Subscription' to come in at $406.91 million. The estimate suggests a change of +10% year over year.According to the collective judgment of analysts, 'Paid Subscribers - North America' should come in at 2,041,000. The estimate is in contrast to the year-ago figure of 1,618,000.View all Key Company Metrics for fuboTV here>>>Over the past month, shares of fuboTV have returned +8.7% versus the Zacks S&P 500 composite's -1.8% change. Currently, FUBO carries a Zacks Rank #2 (Buy), suggesting that it may outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report fuboTV Inc. (FUBO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks