Esports Entertainment Group Inc reports results for the quarter ended in December - Earnings Summary

Esports Entertainment

21/02/2023 18:43

* Esports Entertainment Group Inc  GMBL.OQ  reported a
quarterly
adjusted loss of 20 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for a loss of 9 cents per share.
    * Revenue fell 55.9% to $6.41 million from a year ago;
analysts
expected $10.57 million. 
    * Esports Entertainment Group Inc's reported EPS for the
quarter
was a loss of 20 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. 
    * Esports Entertainment Group Inc shares had fallen by 1.8%
this
quarter.
    * The company reported a quarterly loss of $14.41 million.
    * Wall Street's median 12-month price target for Esports
Entertainment Group Inc is $0.15 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
21 at 06:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.09          -0.20          Missed
 Sep. 30 2022      -0.18          -0.10          Beat
 Jun. 30 2022      -0.37          -0.14          Beat
 Mar. 31 2022      -0.49          -0.83          Missed