Motorsport Games Inc expected to post a loss of $5.00 a share - Earnings Preview

Motorsport Games

16/11/2022 21:03

* Motorsport Games Inc  MSGM.OQ   MSGM.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
18. 
    * The Miami Florida-based  company is expected to report  a
51.0% increase in revenue to $3.23 million from $2.14 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 $5.00 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 $20​, above​ its last closing price of $6.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -4.41       -4.47      -6.30     Missed  -41
 Mar. 31 2022  -4.94       -5.03      -13.00    Missed  -158.3
 Dec. 31 2021              -0.03      -6.00     Missed  -17,91
                                                        8​
 Sep. 30 2021  -4.52       -4.53      -5.60     Missed  -23.5
 ​​Jun.                    -4.00      -5.00     Missed  -25
 30 2021                                                
 Mar. 31 2021  -12.90      -12.90     -13.00    Missed  -0.8​
 This summary was machine generated November 16 at 21:02 GMT. 
All figures in US dollars  unless otherwise stated