Motorsport Games Inc expected to post a loss of 45  cents a share - Earnings Preview

Motorsport Games

08/08/2022 23:55

* Motorsport Games Inc  MSGM.OQ   MSGM.O  is expected
to show a
fall in quarterly revenue when it reports  results on August
10. 
    * The Miami Florida-based  company is expected to report  a
19.5% decrease in revenue to $1.802 million from $2.24 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Motorsport Games
Inc is
for a loss of 45 cents per share. For the same quarter last
year, the company reported a loss of 50 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 Motorsport
Games
Inc is $2.5​, above​ its last closing price of $0.57. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.49       -0.50      -1.30     Missed  -158.3
 Dec. 31 2022              0.00       -0.60     Missed  -17,91
                                                        8
 Sep. 30 2021  -0.45       -0.45      -0.56     Missed  -23.5​
 Jun. 30 2021              -0.40      -0.50     Missed  -25
 ​​Mar.        -1.29       -1.29      -1.30     Missed  -0.8
 31 2021                                                
                                                        ​
 This summary was machine generated August 8 at 22:55 GMT.  All
figures in US dollars  unless otherwise stated