Alert: New Earnings Report (11/7/23)-Gogo Inc (NASDAQ: GOGO).


Gogo Inc (NASDAQ: GOGO) has reported E.P.S. of $0.16 for its third fiscal quarter (ending September 30) versus $0.16 for the same period a year ago — flat performance. This performance was $0.01 better than the consensus estimate of $0.15. For the latest four quarters through September 30, E.P.S. were $1.23 versus $2.42 for the same period a year ago — a decline of -49%.


Recent Price Action

On 11/7/23, Gogo Inc (NASDAQ: GOGO) stock suffered a very large decline of -5.5%, closing at $10.04. The stock has declined -5.9% during the last week and has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

GOGO’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

Gogo is currently unrated.

Rating Review

The stock is currently unrated.

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