GoPro, Inc. (GPRO): Earnings Whisper?

GoPro Inc (GPRO) is scheduled to report earnings results for the second quarter of fiscal 2015 today after the close. The Street is looking for revenues of $396.30 million, a 62% growth from $244.60 million in the same period a year earlier. As far as EPS is concerned, analysts expect GoPro’s yoy profit to increase by 225% to $0.26. Meanwhile, ticker’s earnings whisper number calls for EPS of $0.28 on revenue of $395.22 million.

As a quick reminder, GoPro reported 1Q/15 EPS of $0.24, $0.06 better than the Street’s consensus estimate of $0.18. Revs came in at $363.1 million versus the $340.99 million consensus.

On valuation measures, GoPro Inc. shares are priced at 68.02x this year’s forecasted earnings, compared to the industry’s 12.29x earnings multiple. The company’s current year and next year EPS growth estimates stand at 25.80% and 18.10% compared to the industry growth rates of 58.70% and 65.70%, respectively. GPRO has a t-12 price-to-sales ratio of 4.99. EPS for the same period registers at $0.90.

GPRO shares have declined 4.00% in the last 4 weeks while advancing 26.94% in the past three months. Over the past 5 trading sessions the stock has gained 7.87%. The San Mateo California-based camera maker, which is currently valued at $8.22 billion, has a median Wall Street price target of $65.00 with a high target of $105.00. GoPro Inc. is up 40.41% year-over-year, compared with a 7.75% gain in the S&P 500.

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