Prosiebensat.1 Media (OTCMKTS:PBSFY) Shares Gap Down - Here's What Happened

Key Points

• Prosiebensat.1 Media's shares gapped down from a previous close of $1.62 to open at $1.51 before trading at $1.59.
• The company reported its earnings on July 31st, showing an EPS of $0.02, which missed the consensus estimate of $0.22, along with revenue of $953.09 million against expectations of $996.46 million.
• Prosiebensat.1 Media has a market capitalization of $1.44 billion and a negative net margin of -2.27%, indicating financial challenges despite a positive return on equity of 13.40%.

Prosiebensat.1 Media Se (OTCMKTS:PBSFY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $1.62, but opened at $1.51. Prosiebensat.1 Media shares last traded at $1.59, with a volume of 2,529 shares changing hands.

Prosiebensat.1 Media Stock Performance

The company's fifty day moving average price is $1.96 and its 200 day moving average price is $1.89. The company has a market cap of $1.44 billion, a PE ratio of -15.93 and a beta of 1.20. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.97 and a quick ratio of 0.92.

Prosiebensat.1 Media (OTCMKTS:PBSFY - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.20). The firm had revenue of $953.09 million during the quarter, compared to analysts' expectations of $996.46 million. Prosiebensat.1 Media had a negative net margin of 2.27% and a positive return on equity of 13.40%.

Prosiebensat.1 Media Company Profile

ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.

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