Esports Entertainment Group Inc expected to post a loss of 18 cents a share - Earnings Preview

Esports Entertainment

11/11/2022 11:32

* Esports Entertainment Group Inc  GMBL.OQ   GMBL.O  is
expected
to show a fall in quarterly revenue when it reports  results on
November 14 (estimated). 
    * The  Malta-based   company is expected to report  a
31.9% decrease in revenue to $11.173 million from $16.41 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Esports
Entertainment
Group Inc is for a loss of 18 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 31.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Esports
Entertainment Group Inc is $0.3​, above​ its last closing price
of $0.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.54       -0.37      -0.14     Beat    61.8
 Mar. 31 2022  -0.48       -0.49      -0.83     Missed  -68.2
 Dec. 31 2021  -0.33       -0.30      -1.53     Missed  -410​
 Sep. 30 2021  -0.35       -0.35      -0.03     Beat    91.5
 ​​Jun.        -0.23       -0.22      -0.14     Beat    37.1
 30 2021                                                
 Mar. 31 2021  -0.27       -0.26      -0.66     Missed  -156.3
                                                        ​
 Dec. 31 2020  -0.22       -0.21      -0.57     Missed  -171.4
 Sep. 30 2020  -0.23       -0.22      -0.15     Beat    33.3
 This summary was machine generated November 11 at 11:32 GMT. 
All figures in US dollars  unless otherwise stated