Dave & Buster's (PLAY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Dave & Buster's (PLAY) reported $466.9 million in revenue for the quarter ended October 2023, representing a year-over-year decline of 3%. EPS of $0.01 for the same period compares to $0.04 a year ago.
The reported revenue represents a surprise of -1.01% over the Zacks Consensus Estimate of $471.64 million. With the consensus EPS estimate being -$0.22, the EPS surprise was +104.55%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dave & Buster's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Stores Count - End of Period: 214 compared to the 214 average estimate based on six analysts.
Entertainment revenues: $302 million compared to the $310.54 million average estimate based on six analysts.
Food and beverage revenues: $164.90 million versus the six-analyst average estimate of $161.13 million. The reported number represents a year-over-year change of -0.6%.
View all Key Company Metrics for Dave & Buster's here>>>
Shares of Dave & Buster's have returned +18.5% over the past month versus the Zacks S&P 500 composite's +5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Dave & Buster's Entertainment, Inc. (PLAY) : Free Stock Analysis Report
