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

GameSquare Holdings

17/04/2024 04:17

* GameSquare Holdings Inc  GAME.OQ  reported a quarterly
adjusted
loss of $1.53​​ per share for the quarter ended in December. 
The lone analyst forecast for the quarter was for a loss of 23
cents per share. 
    * Revenue was $16.76 million​; analysts expected $16.50
million. 
    * GameSquare Holdings Inc's reported EPS for the quarter was
a
loss of $1.53​.
    * The company reported a quarterly loss of $17.77 million.
    * GameSquare Holdings Inc shares had risen by 59.1% this
quarter and gained 21.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1,050% 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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for GameSquare
Holdings Inc is $7.00 
This summary was machine generated from LSEG data April 17 at
03:17 a.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      -0.23          -1.53          Missed
 Sep. 30 2023      -0.19          -0.39          Missed