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

Everi Holdings

07/08/2024 22:53

* Everi Holdings Inc  EVRI.N  reported quarterly adjusted
earnings
of 11 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of 29 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 14 cents per share. Wall Street
expected results to range from 5 cents to 23 cents per share.
    * Revenue fell 8.4% to $191.19 million from a year ago;
analysts
expected $191.78 million. 
    * Everi Holdings Inc's reported EPS for the quarter was 11
cents​.
    * The company reported quarterly net income of $9.17
million.
    * Everi Holdings Inc shares had risen by 53.5% this
quarter and
gained 14.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 28.9%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

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

Wall Street's median 12-month price target for Everi Holdings
Inc is $14.25 
This summary was machine generated from LSEG data August 7 at
09:53 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
 Jun. 30 2024      0.14           0.11           Missed
 Mar. 31 2024      0.18           0.05           Missed
 Dec. 31 2023      0.20           0.12           Missed
 Sep. 30 2023      0.24           0.29           Beat