Fitbit Reports Second Quarter 2018 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/5/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Fitbit (FIT) PT Raised to $6 at Deutsche Bank
August 2, 2018 9:01 AM EDTDeutsche Bank raised its price target on Fitbit (NYSE: FIT) to $6.00 (from $5.40) while maintaining a Hold rating.
Analyst Sherri Scribner commented, "FIT reported F2Q-18 results that beat the Street, while F3Q-18 sales and EPS guidance were modestly above expectations. FIT's smartwatch... More
Oppenheimer Reiterates Outperform on Fitbit (FIT) Following Solid 2Q
August 2, 2018 8:53 AM EDTOppenheimer reiterated an Outperform rating and $8.00 price target on Fitbit (NYSE: FIT) following the company's 2Q earnings report. 2Q18 revenue/non-GAAP EPS of $299M/($0.22) were better than Street consensus of $285M/($0.24) and Oppenheimer's $288M/($0.25) estimates. Unit shipments were 2.7M devices vs. Street's... More
Fitbit (FIT) Tops Q2 EPS by 2c, Offers Guidance
August 1, 2018 4:20 PM EDTFitbit (NYSE: FIT) reported Q2 EPS of ($0.22), $0.02 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $299 million versus the consensus estimate of $285.4 million.
GUIDANCE:
Fitbit sees Q3 2018 EPS of ($0.02)-$0.01, versus the consensus of ($0.02). Fitbit sees Q3... More
