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

Esports Entertainment

24/05/2023 22:01

* Esports Entertainment Group Inc  GMBL.OQ  reported a
quarterly
adjusted loss of $5.76​​ per share for the quarter ended in
March. The lone analyst forecast for the quarter was for a loss
of $7.00 per share.
    * Revenue fell 73.4% to $4.18 million from a year ago;
analysts
expected $9.55 million. 
    * Esports Entertainment Group Inc's reported EPS for the
quarter
was a loss of $5.76​.
    * The mean earnings estimate of analysts had risen by
about 17.6%
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 risen by 4.3%
this
quarter and lost 71.5% so far this year.
    * The company reported a quarterly loss of $13.47 million.
    * Wall Street's median 12-month price target for Esports
Entertainment Group Inc is $15.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
24 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -7.00          -5.76          Beat
 Dec. 31 2022      -9.00          -20.00         Missed
 Sep. 30 2022      -18.50         -10.00         Beat
 Jun. 30 2022      -36.67         -14.00         Beat