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Dave & Buster's: Fiscal 4Q Earnings Snapshot

DALLAS (AP) _ Dave & Buster's Entertainment Inc. (PLAY) on Tuesday reported fiscal fourth-quarter net income of $29.4 million.

On a per-share basis, the Dallas-based company said it had profit of 75 cents.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The owner of Dave & Buster's, a chain of restaurants and arcades posted revenue of $331.8 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $326.5 million.

For the year, the company reported profit of $117.2 million, or $2.93 per share. Revenue was reported as $1.27 billion.

Dave & Buster's expects full-year revenue in the range of $1.37 billion to $1.4 billion.

Dave & Buster's shares have climbed 13 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $50.48, a climb of 26 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLAY at https://www.zacks.com/ap/PLAY