Motorsport Games Inc expected to post a loss of 50 cents a share - Earnings Preview

Motorsport Games

09/11/2022 03:04

* Motorsport Games Inc  MSGM.OQ   MSGM.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
10. 
    * 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 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​, above​ its last closing price of $0.67. ​​​

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  -0.44       -0.45      -0.63     Missed  -41
 Mar. 31 2022  -0.49       -0.50      -1.30     Missed  -158.3
 Dec. 31 2021              0.00       -0.60     Missed  -17,91
                                                        8​
 Sep. 30 2021  -0.45       -0.45      -0.56     Missed  -23.5
 ​​Jun.                    -0.40      -0.50     Missed  -25
 30 2021                                                
 Mar. 31 2021  -1.29       -1.29      -1.30     Missed  -0.8​
 This summary was machine generated November 9 at 03:03 GMT.  All
figures in US dollars  unless otherwise stated