The EPS of GAIA's Q3 2024 did not fall short of forecasts. In fact, the company's actual EPS of -$0.03 for Q4 2024 beat the forecasted -$0.0512. The analysts' forecasts for GAIA's Q3 2024 EPS were likely more optimistic than those for Q4 2024, as indicated by the subsequent cut in Q2 2025 EPS estimates by Sidoti Csr3. Therefore, it can be concluded that GAIA's Q3 2024 EPS was in line with, if not better than, the analysts' forecasts.
However, it is important to note that GAIA's stock price fell by 1.95% in after-hours trading following the earnings release, reflecting investor caution despite the positive results1. This suggests that while the company's EPS may have met or exceeded expectations, other factors such as revenue growth, profitability, and strategic initiatives were also scrutinized by the investors.