While the top- and bottom-line numbers for Gogo (GOGO) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Gogo (GOGO) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.16 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Gogo (GOGO), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
Gogo (GOGO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Gogo (GOGO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Gogo (GOGO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Gogo Inc. (NASDAQ:GOGO ) Q4 2024 Earnings Conference Call March 14, 2025 8:30 AM ET Company Participants Will Davis - VP of IR Oakleigh Thorne - Chairman Chris Moore - CEO Zac Cotner - CFO Conference Call Participants Ric Prentiss - Raymond James Simon Flannery - Morgan Stanley Louie DiPalma - William Blair Sebastiano Petti - JPMorgan Scott Searle - ROTH Capital Partners Operator Good day, and thank you for standing by. Welcome to Q4 2024 Gogo Inc. Earnings Conference Call.
The headline numbers for Gogo (GOGO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Gogo (GOGO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.11 per share a year ago.
Gogo Inc. GOGO will release its fourth-quarter financial results, before the opening bell, on Friday, March 14.
Gogo's Q4 and Full-Year 2024 earnings are likely to be strong, with favorable trends continuing in the market. The Satcom acquisition was a great play, adding immediately value and expanding Gogo's value proposition. With demographic trends continuing to favor Gogo's product, I maintain a strong buy rating on GOGO stock at a price target of $12.00, 80% upside.
Gogo Inc. is launching Gogo 5G in Q4 2024, which is expected to drive significant revenue and EPS growth in 2025 and 2026. Recent acquisitions and reduced debt levels may enhance future free cash flow and enable further inorganic growth opportunities. Strong partnerships with OEMs and distributors could facilitate expansion into new markets, boosting overall business growth.