Hall Of Fame Resort Q2 EPS $(2.39) Misses $(2.22) Estimate, Sales $6.13M Beat $5.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hall Of Fame Resort (NASDAQ:HOFV) reported Q2 losses of $(2.39) per share, missing the analyst consensus estimate of $(2.22) by 7.66 percent. This is a 35.8 percent increase in losses from the same period last year. However, the company reported quarterly sales of $6.13 million, beating the analyst consensus estimate of $5.43 million by 12.84 percent, a 128.11 percent increase from last year.
August 10, 2023 | 8:53 pm
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Hall Of Fame Resort reported higher than expected losses for Q2 but beat sales estimates. This mixed result could lead to uncertainty in the market.
Hall Of Fame Resort reported a higher than expected loss per share, which is a negative signal for investors. However, the company beat sales estimates, which is a positive signal. The mixed results could lead to uncertainty in the market, potentially impacting the stock price in the short term.
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