Dave & Buster's Enter Q1 Adj $1.12 Misses $1.70 Estimate, Sales $588.10M Miss $621.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dave & Buster's Enter (NASDAQ:PLAY) reported Q1 earnings of $1.12 per share, missing the analyst estimate of $1.70 by 34.12%. Sales were $588.10M, also missing the estimate of $621.26M by 5.34%. Both earnings and sales decreased compared to the same period last year.
June 12, 2024 | 8:06 pm
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Dave & Buster's reported Q1 earnings of $1.12 per share, missing the analyst estimate of $1.70 by 34.12%. Sales were $588.10M, also missing the estimate of $621.26M by 5.34%. Both earnings and sales decreased compared to the same period last year.
The significant miss on both earnings and sales estimates, along with a year-over-year decrease in both metrics, is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100