Everi Holdings Inc. (NYSE:EVRI) provider of cash access services for gambling, is expected to report second quarter earnings results, after market close, on Tuesday 4th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.57 per share.
Looking ahead, the full year loss are expected at $ 1.14 per share on the revenues of $ 309.37 million.
Previous Quarter Performance
Everi Holdings Inc. unveiled loss for the first quarter of $ 0.16 per share, from the revenue of $ 113.31 million. The quarterly revenues lowered 6.82 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.10 per share from $ 127.91 million in revenue. The bottom line results missed street analysts by $ 0.06 or 60 percent, at the same time, top line results fell short of analysts by $ 14.6 million or 11.41 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of EVRI was $ 6.08, representing a 292.26 % increase from the 52 week low of $ 1.55 and a 59.14 % decrease over the 52 week high of $ 14.88.
The company has a market capital of $ 518.75 million and is part of the Consumer Cyclical sector and Gambling industry.
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Recent Analyst recommendations
- On 10th July 2020, initiated by Roth Capital at Buy rating, with $ 17.00 target price.
Conference Call
Everi Holdings Inc. will be hosting a conference call at 5:00 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.everi.com
Everi Holdings Inc. provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and FinTech.