Pinstripes Holdings Inc reports results for the quarter ended in July 31 - Earnings Summary

Pinstripes Holdings

04/09/2024 22:02

* Pinstripes Holdings Inc  PNST.N  reported a quarterly
adjusted
loss of 23 cents​​ per share for the quarter ended July 31.  The
mean expectation of three analysts for the quarter was for a
loss of 13 cents per share. Wall Street expected results to
range from -18 cents to -6 cents per share.
    * Revenue was $30.60 million​; analysts expected $34.20
million. 
    * Pinstripes Holdings Inc's reported EPS for the quarter was
a
loss of 23 cents​.
    * The company reported a quarterly loss of $10.01 million.
    * Pinstripes Holdings Inc shares had fallen by 16.4% this
quarter and lost 78.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "strong buy"

Wall Street's median 12-month price target for Pinstripes
Holdings Inc is 6.00 
This summary was machine generated from LSEG data September 4 at
09:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2024      -0.13          -0.23          Missed
 Apr. 30 2024      -0.21          -0.38          Missed
 Jan. 31 2024      -0.12          0.33           Beat