Hall of Fame Resort & Entertainment Co reports results for the quarter ended in December - Earnings Summary

Hall of Fame Resort & Entertainment Co

27/03/2023 23:37

* Hall of Fame Resort & Entertainment Co  HOFV.OQ  reported
a
quarterly adjusted loss of $8.76​​ per share for the quarter
ended in December. The mean expectation of two analysts for the
quarter was for a loss of $2.20 per share.
    * Revenue fell 16.2% to $2.52 million from a year ago;
analysts
expected $3.76 million. 
    * Hall of Fame Resort & Entertainment Co's reported EPS for
the
quarter was a loss of $8.76​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Hall of Fame Resort & Entertainment Co shares had risen
by 7.2%
this quarter.
    * The company reported a quarterly loss of $18.19 million.
    * Wall Street's median 12-month price target for Hall of
Fame
Resort & Entertainment Co is $28.60 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 27 at 10:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -2.20          -8.76          Missed
 Sep. 30 2022      -2.09          -1.98          Beat
 Jun. 30 2022      -2.42          -1.76          Beat
 Mar. 31 2022      -3.08          -1.76          Beat