Bowlero Corp expected to post a loss of 17 cents a share - Earnings Preview

Lucky Strike Entertainment

02/11/2024 04:05

* Bowlero Corp  BOWL.N   BOWL.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 4 for the
period ending September 30 2024
    * The Mechanicsville Virginia-based  company is expected to
report
a 9.7% increase in revenue to $249.467 million from $227.41
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Bowlero Corp is for a
loss
of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 44.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Bowlero
Corp is
$17.00​, above​ its last closing price of $10.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.04       -0.02      -0.43     Missed  -2,215
                                                        .6
 Mar. 31 2024  0.24        0.24       0.13      Missed  -46.8
 Jan. 1 0001   0.11        0.12       -0.44     Missed  -466.7
                                                        ​
 Sep. 30 2023  -0.08       -0.04      0.09      Beat    300
 ​​Jan.        0.02        0.02       0.75      Beat    4,900
 1 0001                                                 
 Mar. 31 2023  0.26        0.26       -0.22     Missed  -185.9
                                                        ​
 Dec. 31 2022  0.18        0.17       -0.01     Missed  -105.9
 Jan. 1 0001   0.05        0.05       -0.22     Missed  -563.2
 This summary was machine generated November 2 at 04:05 GMT.  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)