Everi Holdings Inc. (NYSE:EVRI) provider of cash access services for gambling, is reporting third quarter earnings results on Monday 2nd November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.19 per share.
For the full year, analysts predict revenues of $ 347.30 million, while looking forward to loss of $ 1.22 per share.
Previous Quarter Performance
Everi Holdings Inc. unfold loss for the second quarter of $ 0.63 per share, from the revenue of $ 38.72 million. The quarterly revenues decreased 70.15 percent compared with the same quarter last year. Wall street analysts are predicting, EVRI to report 2Q20 loss of $ 0.57 per share from revenue of $ 21.58 million. The bottom line results missed street analysts by $ 0.06 or 10.53 percent, at the same time, top line results outshined analysts by $ 17.14 million or 79.43 percent.
Stock Performance
On Friday, shares of Everi Holdings Inc. has traded high as $ 8.77 and has cracked $ 8.29 on the downward trend, reaching $ 8.61 with volume of 2.08 million shares.
According to the previous trading day, closing price of $ 8.61, representing a 465.16 % increase from the 52 week low of $ 1.55 and a 41.13 % decrease over the 52 week high of $ 14.88.
The company has a market capital of $ 735.73 million and is part of the Consumer Cyclical sector and Gambling industry.
Recent Analyst recommendations
- On 13th October 2020, maintained by Roth Capital at Buy rating, with $ 18.00 target price.
Conference Call
Everi Holdings Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 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.
