Bowlero's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Bowlero (NYSE:BOWL) is anticipated to release its quarterly earnings report on February 5, 2024, with analysts expecting an EPS of $0.12. Investors are keen on not just the earnings beat but also the company's guidance for future growth. Despite beating EPS estimates in the past, Bowlero's stock has experienced declines following earnings announcements. Currently, shares are trading at $11.12, marking a 23.61% decrease over the last year, indicating investor concern ahead of the earnings release.
February 02, 2024 | 3:02 pm
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Bowlero is expected to report an EPS of $0.12 for the upcoming quarterly earnings. Historical performance shows mixed reactions to past earnings, with a notable 23.61% decrease in stock price over the last year.
Given Bowlero's history of beating EPS estimates but experiencing stock price declines, the upcoming earnings report presents a cautious outlook. The anticipation of the EPS and the company's future guidance are crucial, but the stock's past performance suggests a potentially muted or mixed reaction. The 23.61% decline over the past year indicates underlying investor concerns that may temper any positive earnings impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100