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

Esports Entertainment

14/10/2022 10:22

* Esports Entertainment Group Inc  GMBL.OQ  reported a
quarterly
adjusted loss of 14 cents​​ per share for the quarter ended in
June. The mean expectation of three analysts for the quarter was
for a loss of 37 cents per share.
    * Revenue rose 33.1% to $11.71 million from a year ago;
analysts
expected $11.00 million. 
    * Esports Entertainment Group Inc's reported EPS for the
quarter
was a loss of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 31%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Esports Entertainment Group Inc shares had fallen by 5.0%
this
quarter and lost 96.7% so far this year.
    * The company reported a quarterly loss of $4.05 million.
    * Wall Street's median 12-month price target for Esports
Entertainment Group Inc is $0.30 
    * 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." 

This summary was machine generated from Refinitiv data October
14 at 09:22 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.37          -0.14          Beat
 Mar. 31 2022      -0.49          -0.83          Missed
 Dec. 31 2021      -0.30          -1.53          Missed
 Sep. 30 2021      -0.35          -0.03          Beat