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

Esports Entertainment

17/11/2022 11:59

* Esports Entertainment Group Inc  GMBL.OQ  reported a
quarterly
adjusted loss of 10 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for a loss of 18 cents per share.
    * Revenue fell 41.5% to $9.61 million from a year ago;
analysts
expected $11.17 million. 
    * Esports Entertainment Group Inc's reported EPS for the
quarter
was a loss of 10 cents​.
    * The mean earnings estimate of analysts had risen by
about 22.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Esports Entertainment Group Inc shares had risen by 13.8%
this
quarter and lost 96.0% so far this year.
    * The company reported a quarterly loss of $4.17 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 November
17 at 11:59 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.30          -1.53          Missed