Everi Holdings (EVRI) Lags Q1 Earnings Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Earnings Performance: Everi Holdings (EVRI) reported quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.11 and reflecting a 63.64% earnings surprise downside; however, revenues of $181.3 million surpassed expectations slightly.
Market Outlook: The company's current Zacks Rank is #4 (Sell), indicating expected underperformance in the near future, while industry trends suggest potential impacts on stock performance, with upcoming earnings estimates for the next quarter at $0.09 EPS.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
