Rush Street Interactive Inc reports results for the quarter ended in September 30 - Earnings Summary

Rush Street Interactive

31/10/2024 02:38

* Rush Street Interactive Inc  RSI.N  reported quarterly
adjusted
earnings of 5 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of -3 cents.  The mean expectation of
seven analysts for the quarter was for a loss of one cent per
share. Wall Street expected results to range from -4 cents to 1
cents per share.
    * Revenue rose 36.6% to $232.11 million from a year ago;
analysts
expected $207.43 million. 
    * Rush Street Interactive Inc's reported EPS for the quarter
was 1
cent​.
    * The company reported quarterly net income of $3.24
million.
    * Rush Street Interactive Inc shares had fallen by 2.2% this
quarter and gained 136.3% so far this year.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the casinos &
gaming
peer group is also "buy"

Wall Street's median 12-month price target for Rush Street
Interactive Inc is $14.00 
This summary was machine generated from LSEG data October 31 at
02:37 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
 Sep. 30 2024      -0.01          0.05           Beat
 Jun. 30 2024      0.00           0.04           Beat
 Mar. 31 2024      -0.02          0.03           Beat
 Dec. 31 2023      -0.03          0.01           Beat