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

Hall of Fame Resort & Entertainment Co

10/08/2023 23:34

* Hall of Fame Resort & Entertainment Co  HOFV.OQ  reported
a
quarterly adjusted loss of $2.39​​ per share for the quarter
ended in June. The mean expectation of two analysts for the
quarter was for a loss of $2.22 per share.
    * Revenue rose 128.2% to $6.13 million from a year ago;
analysts
expected $5.43 million. 
    * Hall of Fame Resort & Entertainment Co's reported EPS for
the
quarter was a loss of $2.39​.
    * The mean earnings estimate of analysts had fallen by
about 22.6%
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 fallen
by 20.1% this quarter and gained 3.6% so far this year.
    * The company reported a quarterly loss of $13.55 million.
    * Wall Street's median 12-month price target for Hall of
Fame
Resort & Entertainment Co is $20.75 
    * 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
August 10 at 10:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -2.22          -2.39          Missed
 Mar. 31 2023      -2.27          -3.48          Missed
 Dec. 31 2022      -2.20          -3.49          Missed
 Sep. 30 2022      -2.09          -1.98          Beat