Fitbit (FIT) Tops Q4 EPS by 7c, Guidance Comes in Light

Fitbit (NYSE: FIT) reported Q4 EPS of $0.14, $0.07 better than the analyst estimate of $0.07. Revenue for the quarter came in at $571.2 million versus the consensus estimate of $568.16 million.

GUIDANCE:

Fitbit sees Q1 2019 EPS of ($0.24)-($0.22), versus the consensus of ($0.16). Fitbit sees Q1 2019 revenue of $250-268 million, versus the consensus of $268 million.

Fitbit sees FY2019 revenue of $1.52-1.58 billion, versus the consensus of $1.57 billion.

For earnings history and earnings-related data on Fitbit (FIT) click here.

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