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

Pinstripes Holdings

19/02/2025 22:01

* Pinstripes Holdings Inc  PNST.N  reported a quarterly
adjusted
loss of 18 cents​​ per share for the quarter ended January 31,
lower than the same quarter last year, when the company reported
EPS of 33 cents.  The mean expectation of two analysts for the
quarter was for a loss of 13 cents per share. Wall Street
expected results to range from -14 cents to -12 cents per share.
    * Revenue rose 10.4% to $35.52 million from a year ago;
analysts
expected $36.35 million. 
    * Pinstripes Holdings Inc's reported EPS for the quarter was
a
loss of 19 cents​.
    * The company reported a quarterly loss of $8.08 million.
    * Pinstripes Holdings Inc shares had fallen by 7.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 178.6% 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 2 "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 $2.50 
This summary was machine generated from LSEG data February 19 at
10:01 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
 Jan. 31 2025      -0.13          -0.18          Missed
 Oct. 31 2024      -0.21          -0.22          Missed
 Jul. 31 2024      -0.13          -0.23          Missed
 Apr. 30 2024      -0.21          -0.38          Missed