Dave & Buster's Likely To Post Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) is expected to report higher Q2 earnings at 93 cents per share, up from 59 cents per share a year ago. The company's revenue is projected to be $559 million, compared to $468.36 million in the year-ago period. However, the company's shares fell 4.5% to close at $37.93 on Tuesday. Several analysts have given their ratings and price targets for the company, with most maintaining a positive outlook.
September 06, 2023 | 2:42 pm
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Dave & Buster's is expected to report higher Q2 earnings and revenue. Despite a recent drop in share price, analysts mostly maintain a positive outlook for the company.
The expected increase in Q2 earnings and revenue for Dave & Buster's is a positive sign for the company's financial performance. However, the recent drop in share price indicates some market uncertainty. The mostly positive ratings from analysts suggest a generally optimistic outlook for the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100