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

Everi Holdings

08/05/2024 14:52

* Everi Holdings Inc  EVRI.N  reported quarterly adjusted
earnings
of 5 cents​​ per share for the quarter ended in March, lower
than the same quarter last year, when the company reported EPS
of 30 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 18 cents per share. Wall Street
expected results to range from 13 cents to 21 cents per share.
    * Revenue fell 5.5% to $189.35 million from a year ago;
analysts
expected $188.78 million. 
    * Everi Holdings Inc's reported EPS for the quarter was 5
cents​.
    * The company reported quarterly net income of $4.55
million.
    * Everi Holdings Inc shares had fallen by 19.5% this
quarter and
lost 28.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 25.5%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the casinos &
gaming
peer group is also "buy"

Wall Street's median 12-month price target for Everi Holdings
Inc is $12.00 
This summary was machine generated from LSEG data May 8 at 01:51
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
 Mar. 31 2024      0.18           0.05           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