Mark your calendars for Monday 4th November 2024, as Bowlero Corp (NYSE: BOWL) is set to unveil its first quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
Based on the predictions of financial experts on Wall Street, the organization is expected to reveal an anticipated $0.17 loss per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $249.47 million for the quarter.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $1.24 billion. In addition, they anticipate the company to report profit of $0.18 per share for the fiscal year.
The per-share income of $0.09 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $227.41 million recorded during that specific period.
BOWL will host a conference call with investment community on 4th November 2024 at 04:30 PM eastern time to discuss the financial results.
Friday's trading saw Bowlero Corp (BOWL) shares hit a low of $10.25 and a high of $10.80, with a day volume of 593.40 thousand shares. The stock closed the regular trading session at $10.33, reflecting 0.39 percent downfall.