Allied Esports Entertainment Inc reports results for the quarter ended in June - Earnings Summary

All in Futuretech Alliance

16/08/2021 22:13

* Allied Esports Entertainment Inc  AESE.OQ  reported a
quarterly adjusted loss of 7 cents​​ per share for the quarter
ended in June. The lone analyst forecast for the quarter was
for a loss of 12 cents per share.
* Revenue fell 82% to $825.00 thousand from a year ago; 
analysts expected $500.00 thousand. 
* Allied Esports Entertainment Inc's reported EPS for the
quarter was a loss of 7 cents​.
* The mean earnings estimate of analysts had risen by
about 14.3% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Allied Esports Entertainment Inc shares had fallen by 10.4%
this quarter and gained 30.4% so far this year.
* The company reported a quarterly loss of $2.94 million.
* Wall Street's median 12-month price target for Allied Esports
Entertainment Inc is $3.50 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 16 at 09:13 p.m.  ​All
figures in US dollars unless otherwise stated