FuboTV (FUBO -13.92%) stock sank in Friday's trading following the company's fourth-quarter earnings release. The streaming video specialist's share price closed out the day down 13.9%.FuboTV published its Q4 results before the market opened this morning, and the company's earnings beat in the period wasn't enough to offset the market's disappointment with a big sales miss. Making matters worse, the company's forward guidance came in much worse than anticipated.FuboTV stock sinks on Q4 sales missIn the four ...

Core Insights - fuboTV Inc. reported revenue of $443.28 million for Q4 2024, an 8.1% year-over-year increase, with an EPS of -$0.02 compared to -$0.17 a year ago, indicating improvement in earnings performance [1] - The revenue fell short of the Zacks Consensus Estimate by 0.76%, while the EPS exceeded the consensus estimate by 83.33% [1] Financial Performance - The company experienced a decline in paid subscribers in North America, reporting 1,676,000 compared to the estimated 2,041,000 [4] - Paid subscribers in the Rest of World streaming segment reached 362,000, surpassing the average estimate of 351,500 [4] - Advertising revenue was reported at $34.39 million, which is 11.8% lower than the year-ago quarter and below the estimated $38.57 million [4] - Subscription revenue was $406.88 million, slightly below the estimate of $406.91 million but showing a 9.9% increase year-over-year [4] - Other revenues increased significantly by 81.5% year-over-year to $2.01 million, exceeding the estimate of $1.87 million [4] Stock Performance - fuboTV shares have returned -14.6% over the past month, underperforming the Zacks S&P 500 composite, which saw a -2.4% change [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]

fuboTV Inc. (NYSE:FUBO) Q4 2024 Earnings Conference Call February 28, 2024 8:30 AM ET Company Participants David Gandler - Chief Executive Officer John Janedis - Chief Financial Officer Ameet Padte - Senior Vice President, FP&A, Investor Relations Conference Call Participants David Joyce - Seaport Research Partners Patrick Sholl - Barrington Research Laura Martin - Needham & Co. Clark Lampen - BTIG Nik Aluru - JP Morgan Doug Arthur - Huber Research Operator Thank you for standing by. At this time, I would l ...

Group 1 - FuboTV reported a quarterly loss of $0.02 per share, better than the Zacks Consensus Estimate of a loss of $0.12, and improved from a loss of $0.17 per share a year ago, resulting in an earnings surprise of 83.33% [1] - The company achieved revenues of $443.28 million for the quarter ended December 2024, slightly missing the Zacks Consensus Estimate by 0.76%, but showing an increase from $410.18 million year-over-year [2] - FuboTV's shares have increased approximately 179.4% since the beginning of the year, contrasting with a decline of -0.3% in the S&P 500 [3] Group 2 - The earnings outlook for FuboTV is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend for estimate revisions for FuboTV is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The current consensus EPS estimate for the next quarter is -$0.04 on revenues of $443.87 million, and -$0.09 on revenues of $1.81 billion for the current fiscal year [7] Group 3 - The Broadcast Radio and Television industry, to which FuboTV belongs, is currently ranked in the top 35% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]

On Friday, FuboTV Inc FUBO reported earnings for the fourth quarter of 2024. Revenue of the sports-first live TV streaming platform grew 8.1% year over year to $443.277 million, marginally missing the analyst consensus estimate of $445.798 million.Adjusted EPS loss of 2 cents beat the analyst consensus estimate of 18 cents loss.Also Read: Payoneer Q4: 17% Revenue Growth, $22.5 Billion In Transactions, B2B Payments Up 37%, Revenue Target SurgesThe company’s adjusted EBITDA margin loss stood at (2.0)% versus ...

Business Combination Agreement - fuboTV Inc. and The Walt Disney Company announced a Business Combination Agreement on January 6, 2025[4] - The company plans to file a preliminary proxy statement with the SEC regarding the Transactions for shareholder approval[12] - The joint press release regarding the BCA is available on Fubo's investor relations website[4] Lawsuit Settlement - A settlement was reached in the lawsuit FuboTV Inc. v. The Walt Disney Co., resolving claims related to bundling and most-favored nations clauses[7][8] - The settlement includes mutual releases and dismissals with prejudice of the claims in the action[9] Financial Guidance and Results - The company will reaffirm guidance for Q4 and full year ended December 31, 2024 during a webcast[4] - Fubo's actual results for Q4 and fiscal year 2024 may differ from preliminary results disclosed[11] - The company emphasizes that forward-looking statements involve risks and uncertainties that could affect actual results[11] Company Status and Participation - The company is not deemed an emerging growth company under SEC rules[3] - Fubo's directors and executive officers may be participants in the solicitation of proxies from shareholders[14]

Core Insights - Wall Street analysts forecast a quarterly loss of $0.12 per share for fuboTV Inc. (FUBO), indicating a year-over-year increase of 29.4% [1] - Anticipated revenues for the quarter are projected to be $446.66 million, reflecting an 8.9% increase compared to the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [1] Revenue Breakdown - 'Revenues- Advertising' are expected to reach $38.57 million, showing a decline of 1.1% from the prior-year quarter [4] - 'Revenues- Subscription' are projected at $406.91 million, suggesting a year-over-year increase of 10% [4] Subscriber Metrics - Analysts estimate 'Paid Subscribers - North America' to be 2,041,000, up from 1,618,000 in the previous year [4] Stock Performance - Over the past month, fuboTV shares have returned +8.7%, while the Zacks S&P 500 composite has decreased by -1.8% [4] - Currently, fuboTV holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near future [4]

Group 1 - The recent months have been significant for shareholders of fuboTV, indicating a period of interest and potential change for the streaming company [1] - Despite fuboTV's historical growth, there has been a bearish sentiment regarding its overall fundamentals, suggesting concerns about its long-term viability [1] Group 2 - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and the potential for value and growth in these sectors [1] - The service includes a model account with over 50 stocks, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2]

Core Insights - In early 2025, several U.S. stocks have already shown significant gains, with nine stocks having market caps over $1 billion doubling in value, and 19 stocks with market caps over $200 million also making substantial gains [1] Company Summaries FuboTV - FuboTV has seen its stock price increase by 222% in 2025, primarily due to a partnership with Disney, which has become a 70% stakeholder and integrated its Hulu + Live TV platform into FuboTV [3][8] - The partnership allows FuboTV to reach a combined 6.2 million homes, significantly enhancing its market presence [8] - FuboTV aims to achieve cash flow positivity in 2025, although it currently holds only 1.6 million premium accounts, representing less than 10% of the market [7] WeRide - WeRide's stock price has increased by 122%, largely due to a notable investment from Nvidia, which caused shares to soar 81% in a single day [9][11] - Despite the surge, WeRide's revenue has declined in 2023 and the first three quarters of 2024, indicating challenges ahead for the company [12] - The investment from Nvidia, valued at $25 million, has significantly boosted WeRide's market cap by approximately $4 billion following the announcement [11] Hims & Hers Health - Hims & Hers Health has experienced a 150% increase in stock price, following a 172% rise in 2024, driven by its telehealth services and strong revenue growth [13][14] - The company has consistently posted year-over-year growth of at least 45% in every quarter since going public, with revenue growth accelerating from 46% to an expected 90% in the upcoming quarter [15] - The popularity of GLP-1 treatments for weight loss has further fueled Hims & Hers' growth, as the company capitalizes on production shortages and market demand [16]

Core Viewpoint - FuboTV's stock surged significantly following the announcement of a merger with Disney's Hulu + Live TV, reflecting a valuation increase despite ongoing challenges in the streaming market [1][4][5]. Group 1: Merger Details - The merger will result in Fubo and Hulu + Live TV combining, with Disney owning 70% of the new entity, while Fubo remains publicly traded [4]. - The stock price increased by 221% after the merger announcement, indicating a substantial rise in perceived value as Fubo now represents only about 30% of total subscribers [4][6]. Group 2: Market Context - The deal comes after a legal dispute between Fubo and Disney over a now-abandoned joint venture, Venu, highlighting the complexities of the media landscape [3]. - Despite the merger, both services will continue to operate separately, and Disney's plans to launch ESPN streaming may create additional competition for Fubo [5]. Group 3: Financial Performance - Fubo reported a 21% growth in the third quarter, but its subscriber base remains small at 1.61 million in North America, and it is currently unprofitable with a loss of $27.6 million based on adjusted EBITDA [6]. - The stock's rise is attributed more to financial engineering rather than the inherent strength of the combined company, which still requires regulatory approval [7].