Motorsport Games Inc expected to post a loss of 60 cents a share - Earnings Preview

Motorsport Games

04/05/2024 03:28

* Motorsport Games Inc  MSGM.OQ   MSGM.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 7 for
the period ending March 31 2024
    * The Miami Florida-based  company is expected to report a
12.3% increase in revenue to $1.942 million from $1.73 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Motorsport Games Inc is
for a
loss of 60 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the online
services
peer group is also "Hold".​
    * Wall Street's median 12-month price target for Motorsport
Games
Inc is $7.25​, above​ its last closing price of $2.28. ​​​

This summary was machine generated May 4 at 02:28 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)