RCI Hospitality Holdings Inc reports results for the quarter ended in December - Earnings Summary

RCI Hospitality Holdings

08/02/2024 23:09

* RCI Hospitality Holdings Inc  RICK.OQ  reported quarterly
adjusted earnings of 87 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of $1.19.  The mean expectation of
two analysts for the quarter was for earnings of $1.00 per
share. 
    * Revenue rose 5.6% to $73.91 million from a year ago;
analysts
expected $73.59 million. 
    * RCI Hospitality Holdings Inc's reported EPS for the
quarter was
77 cents​.
    * The company reported quarterly net income of $7.23
million.
    * RCI Hospitality Holdings Inc shares had fallen by 9.6%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "buy"

Wall Street's median 12-month price target for RCI Hospitality
Holdings Inc is $117.50 
This summary was machine generated from LSEG data February 8 at
11:09 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
 Dec. 31 2023      1.00           0.87           Missed
 Sep. 30 2023      1.13           1.11           Missed
 Jun. 30 2023      1.30           1.30           Met
 Mar. 31 2023      1.22           1.30           Beat