fuboTV Inc. (NYSE:FUBO) anticipates an earnings per share (EPS) of -$0.04 and revenue of approximately $415.5 million for its upcoming quarterly earnings.
The company has seen a 128% increase in its share price year-to-date, outperforming the Zacks Consumer Discretionary sector and the S&P 500.
Despite its stock performance, fuboTV faces financial challenges, including a negative price-to-earnings (P/E) ratio of -5.57 and a high debt-to-equity ratio of 2.09.
fuboTV Inc. (NYSE:FUBO) is a prominent player in the live TV streaming market, focusing primarily on sports content. As it prepares to release its quarterly earnings on May 2, 2025, Wall Street anticipates an earnings per share (EPS) of -$0.04 and revenue of approximately $415.5 million. Despite these projections, fuboTV has shown significant growth in its stock performance.
FUBO has experienced a remarkable 128% increase in its share price year-to-date. This growth surpasses the Zacks Consumer Discretionary sector’s decline of 11.3% and the S&P 500’s drop of 10.7%. The Zacks Broadcast Radio and Television industry has only grown by 1.4% in comparison. A key driver of this success is fuboTV’s merger with Disney to combine Hulu + Live TV with its platform, making it the sixth-largest pay TV provider by subscriber count.
Despite its impressive stock performance, fuboTV faces financial challenges. The company has a negative price-to-earnings (P/E) ratio of -5.57, indicating current unprofitability. Its price-to-sales ratio is 0.63, suggesting the stock is valued at 63 cents for every dollar of sales. The enterprise value to sales ratio is high at 134.34, which may point to a high valuation relative to sales.
FuboTV’s financial metrics reveal further challenges. The earnings yield is -17.96%, highlighting ongoing unprofitability. Additionally, the debt-to-equity ratio of 2.09 indicates the company has more than twice as much debt as equity, raising concerns about its financial stability.
FuboTV’s current ratio stands at 0.53, suggesting potential liquidity issues, as it may not have enough current assets to cover its current liabilities. Despite these challenges, fuboTV continues to strengthen its market position. It has secured exclusive rights to stream the Premier League in Canada, reinforcing its status as the exclusive home of England’s top soccer league in the region.
