Esports Leisure (NASDAQ:GMBL) is about to provide its newest quarterly earnings report on Tuesday, 2022-02-22. Here is what traders must know earlier than the announcement.
Analysts estimate that Esports Leisure will report an earnings per share (EPS) of $-0.30.
Esports Leisure bulls will hope to listen to the corporate to announce they’ve not solely crushed that estimate, but additionally to offer optimistic steering, or forecasted progress, for the subsequent quarter.
New traders ought to be aware that it’s typically not an earnings beat or miss that almost all impacts the value of a inventory, however the steering (or forecast).
Historic Earnings Efficiency
Final quarter the corporate beat EPS by $0.28, which was adopted by a 0.0% drop within the share worth the subsequent day.
Here is a take a look at Esports Leisure’s previous efficiency and the ensuing worth change:
| Quarter | Q1 2022 | This fall 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.31 | -0.22 | -0.21 | |
| EPS Precise | -0.03 | -2.80 | -0.73 | -0.57 |
| Worth Change % | 0.0% | 2.57% | 5.36% | 10.37% |
Inventory Efficiency
Shares of Esports Leisure have been buying and selling at $3.26 as of February 17. During the last 52-week interval, shares are down 80.61%. On condition that these returns are usually destructive, long-term shareholders are seemingly bearish going into this earnings launch.
To trace all upcoming earnings bulletins, click on right here to make use of Benzinga Earnings Calendar.
