Dave & Buster's Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) is anticipated to report higher earnings for Q4, with expectations of $1.10 per share, up from 80 cents the previous year, and revenue of $602.61 million, up from $563.76 million. Despite a recent in-line loss for Q3, PLAY shares rose 2.9% to close at $64.43. Analyst ratings have varied, with downgrades and price target adjustments reflecting differing outlooks on the company's performance.
April 02, 2024 | 5:56 am
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Dave & Buster's is expected to report higher Q4 earnings and revenue, with recent analyst ratings showing a mix of downgrades and price target adjustments.
The anticipation of higher Q4 earnings and revenue for Dave & Buster's, coupled with a recent share price increase, suggests a positive short-term impact. However, mixed analyst ratings, including downgrades and varied price target adjustments, introduce some uncertainty. The overall positive earnings expectation and recent share price performance are likely to outweigh the mixed analyst sentiment in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100