We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Countdown to Everi Holdings (EVRI) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
Read MoreHide Full Article
In its upcoming report, Everi Holdings (EVRI - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.17 per share, reflecting a decline of 60.5% compared to the same period last year. Revenues are forecasted to be $188.24 million, representing a year-over-year decrease of 6.1%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 8.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Everi Holdings metrics that Wall Street analysts commonly model and monitor.
The consensus among analysts is that 'Revenue- Gaming' will reach $92.56 million. The estimate indicates a change of -13.8% from the prior-year quarter.
It is projected by analysts that the 'Revenue- FinTech' will reach $95.19 million. The estimate suggests a change of +2.2% year over year.
Analysts forecast 'Adjusted EBITDA- Financial Technology Solutions' to reach $39.40 million. Compared to the current estimate, the company reported $38.76 million in the same quarter of the previous year.
Analysts' assessment points toward 'Adjusted EBITDA- Games' reaching $42.83 million. Compared to the current estimate, the company reported $53.72 million in the same quarter of the previous year.
Over the past month, shares of Everi Holdings have returned -14% versus the Zacks S&P 500 composite's -0.4% change. Currently, EVRI carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Countdown to Everi Holdings (EVRI) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
In its upcoming report, Everi Holdings (EVRI - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.17 per share, reflecting a decline of 60.5% compared to the same period last year. Revenues are forecasted to be $188.24 million, representing a year-over-year decrease of 6.1%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 8.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Everi Holdings metrics that Wall Street analysts commonly model and monitor.
The consensus among analysts is that 'Revenue- Gaming' will reach $92.56 million. The estimate indicates a change of -13.8% from the prior-year quarter.
It is projected by analysts that the 'Revenue- FinTech' will reach $95.19 million. The estimate suggests a change of +2.2% year over year.
Analysts forecast 'Adjusted EBITDA- Financial Technology Solutions' to reach $39.40 million. Compared to the current estimate, the company reported $38.76 million in the same quarter of the previous year.
Analysts' assessment points toward 'Adjusted EBITDA- Games' reaching $42.83 million. Compared to the current estimate, the company reported $53.72 million in the same quarter of the previous year.
View all Key Company Metrics for Everi Holdings here>>>
Over the past month, shares of Everi Holdings have returned -14% versus the Zacks S&P 500 composite's -0.4% change. Currently, EVRI carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>