When TiVo reports after the bell today analysts expect it to post its ninth consecutive quarterly deficit as its subscriber numbers continue to shrink.
Wall Street's expecting a quarterly loss of 28 cents per share on revenues of $41 million — yes $41 million.
Today TiVo shares are trading lower as options traders are jumping on the stock. And this morning Caris & Company downgraded the stock from "Buy" to "Above Average."
The question isn't whether TiVo posts a loss — that's inevitable — but whether it beats expectations. In the most recent quarter TiVo fell short of analyst forecasts, though the three prior quarters it surpassed them.
TiVo's tumultuous one-year stock charttells the story of a company facing a range of challenges.