Arcade company Dave & Buster’s (NASDAQ:PLAY) will be announcing earnings results this Monday afternoon. Last quarter, Dave & Buster’s reported revenues of $567.7 million, down 3.5% year on year, with a significant miss of analysts’ EPS estimates. This quarter, analysts expect revenue to grow 1% to $562.7 million, with adjusted earnings of $0.92 per share. Peers like AMC Entertainment and Live Nation have already reported Q2 results, with positive revenue growth. Dave & Buster’s share prices have been down 7.4% over the last month, heading into earnings with an average analyst price target of $32.71.
Investors are optimistic about the leisure facilities segment, with share prices up 7.6% on average over the last month. Dave & Buster’s, however, is down 7.4% during the same time. The company is heading into earnings with an average analyst price target of $32.71, compared to the current share price of $23.70. For more insights and analysis on the company’s performance, visit the link provided.
Read more at StockStory: Dave & Buster’s (PLAY) Q2 Earnings: What To Expect
