Bowlero Corp expected to post earnings of 26 cents a share - Earnings Preview

Lucky Strike Entertainment

03/05/2024 17:39

* Bowlero Corp  BOWL.N   BOWL.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The Mechanicsville Virginia-based  company is expected to
report
a 8.1% increase in revenue to $341.414 million from $315.73
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
earnings
of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bowlero
Corp is
$18.00​, above​ its last closing price of $12.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.11        0.12       -0.44     Missed  -466.7
 Sep. 30 2023  -0.08       -0.04      0.09      Beat    300
 Jun. 30 2023  0.02        0.02       0.75      Beat    4,900​
 Mar. 31 2023  0.26        0.26       -0.22     Missed  -185.9
 ​​Dec.        0.18        0.17       -0.01     Missed  -105.9
 31 2022                                                
 Sep. 30 2022  0.05        0.05       -0.22     Missed  -563.2
                                                        ​
 Jun. 30 2022  0.01        0.04       0.03      Missed  -25
 Mar. 31 2022  0.10        0.12       0.32      Beat    174.3
 This summary was machine generated May 3 at 16:38 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)