Everi Holdings Inc reports results for the quarter ended in December - Earnings Summary

Everi Holdings

29/02/2024 14:42

* Everi Holdings Inc  EVRI.N  reported quarterly adjusted
earnings
of 12 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 28 cents.  The mean expectation of six analysts for the
quarter was for earnings of 20 cents per share. Wall Street
expected results to range from 17 cents to 22 cents per share.
    * Revenue fell 6.5% to $192.03 million from a year ago;
analysts
expected $198.11 million. 
    * Everi Holdings Inc's reported EPS for the quarter was 2
cents​.
    * The company reported quarterly net income of $1.89
million.
    * Everi Holdings Inc shares had risen by 0.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the casinos &
gaming
peer group is  "buy."

Wall Street's median 12-month price target for Everi Holdings
Inc is $16.50 
This summary was machine generated from LSEG data February 29 at
02:42 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.20           0.12           Missed
 Sep. 30 2023      0.24           0.29           Beat
 Jun. 30 2023      0.25           0.29           Beat
 Mar. 31 2023      0.22           0.30           Beat