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

Rush Street Interactive

02/11/2023 10:43

* Rush Street Interactive Inc  RSI.N  reported a quarterly
adjusted loss of 3 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of -8 cents.  The mean expectation of
seven analysts for the quarter was for a loss of 6 cents per
share. Wall Street expected results to range from -16 cents
to -3 cents per share.
    * Revenue rose 14.8% to $169.89 million from a year ago;
analysts
expected $164.35 million. 
    * Rush Street Interactive Inc's reported EPS for the quarter
was a
loss of 6 cents​.
    * The company reported a quarterly loss of $4.18 million.
    * Rush Street Interactive Inc shares had fallen by 23.4%
this
quarter and lost 1.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"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 $7.00 
This summary was machine generated from LSEG data November 2 at
10:43 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.06          -0.03          Beat
 Jun. 30 2023      -0.10          -0.04          Beat
 Mar. 31 2023      -0.15          -0.08          Beat
 Dec. 31 2022      -0.10          -0.11          Missed