Enthusiast Gaming Holdings Inc reports results for the quarter ended in June - Earnings Summary

Enthusiast Gaming Holdings

16/08/2022 04:12

* Enthusiast Gaming Holdings Inc  EGLX.TO  reported a
quarterly
adjusted loss of 12 cents​​ per share for the quarter ended in
June. The mean expectation of four analysts for the quarter was
for a loss of 9 cents per share.
    * Revenue rose 37.9% to C$51.12 million from a year ago;
analysts
expected C$50.26 million. 
    * Enthusiast Gaming Holdings Inc's reported EPS for the
quarter
was a loss of 12 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Enthusiast Gaming Holdings Inc shares had fallen by 3.1%
this
quarter and lost 33.6% so far this year.
    * The company reported a quarterly loss of C$16.88 million.
    * Wall Street's median 12-month price target for Enthusiast
Gaming
Holdings Inc is C$7.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 16
at 03:12 a.m.  ​All figures in Canadian dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.09          -0.12          Missed
 Mar. 31 2022      -0.12          -0.08          Beat
 Dec. 31 2021      -0.07          -0.10          Missed
 Sep. 30 2021      -0.07          -0.10          Missed