Esports Entertainment Group Inc expected to post a loss of 50  cents a share - Earnings Preview

Esports Entertainment

14/05/2022 02:00

* Esports Entertainment Group Inc  GMBL.OQ   GMBL.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 16 (estimated). 
    * The  Malta-based   company is expected to report  a
213.3% increase in revenue to $16.916 million from $5.4 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Esports
Entertainment
Group Inc is for a loss of 50 cents per share. For the same
quarter last year, the company reported a loss of 66 cents per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Esports
Entertainment Group Inc is $3​, above​ its last closing price
of $0.46. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.33       -0.30      -1.53     Missed  -410
 Sep. 30 2021  -0.35       -0.35      -0.03     Beat    91.5
 Jun. 30 2021  -0.23       -0.22      -0.14     Beat    37.1​
 Mar. 31 2021  -0.27       -0.26      -0.66     Missed  -156.3
 ​​Dec.        -0.22       -0.21      -0.57     Missed  -171.4
 31 2020                                                
 Sep. 30 2020  -0.23       -0.22      -0.15     Beat    33.3​
 This summary was machine generated May 14 at 01:00 GMT.  All
figures in US dollars  unless otherwise stated