Motorsport Games Inc reports results for the quarter ended in December - Earnings Summary

Motorsport Games

30/03/2022 22:01

* Motorsport Games Inc  MSGM.OQ  reported a quarterly
adjusted
loss of 60 cents​​ per share for the quarter ended in December.
The mean expectation of three analysts for the quarter was
for breakeven results per share.
    * Revenue rose 180.3% to $8.22 million from a year ago; 
analysts
expected $13.74 million. 
    * Motorsport Games Inc's reported EPS for the quarter was a
loss
of 60 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Motorsport Games Inc shares had fallen by 44.1% this
quarter.
    * The company reported a quarterly loss of $7.01 million.
    * Wall Street's median 12-month price target for Motorsport
Games
Inc is $11.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 30 at 09:00 p.m.  ​All
figures in US dollars unless otherwise stated