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

Pinstripes Holdings

27/11/2024 04:02

* Pinstripes Holdings Inc  PNST.N  reported a quarterly
adjusted
loss of 22 cents​​ per share for the quarter ended October 31. 
The mean expectation of three analysts for the quarter was for a
loss of 21 cents per share. Wall Street expected results to
range from -23 cents to -19 cents per share.
    * Revenue was $26.48 million​; analysts expected $30.60
million. 
    * Pinstripes Holdings Inc's reported EPS for the quarter was
a
loss of 22 cents​.
    * The company reported a quarterly loss of $9.31 million.
    * Pinstripes Holdings Inc shares had risen by 28.2% this
quarter and lost 91.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 23.5%
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 $4.50 
This summary was machine generated from LSEG data November 27 at
04:01 a.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
 Oct. 31 2024      -0.21          -0.22          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