Will Dave & Buster's Entertainment, Inc. ($PLAY) Beat Analysts View?

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Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) operator of entertainment and dining venues for adults and families, is expected to report second quarter earnings results, after market close, on Thursday 10th September 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 1.39 per share from revenue of $ 95.76 million.

Looking ahead, the full year loss are expected at $ 3.5 per share on the revenues of $ 667.01 million.

Previous Quarter Performance

Dave & Buster's Entertainment, Inc. outlined loss for the first quarter of $ 1.37 per share, from the revenue of $ 159.81 million. Street analysts expected Dave & Buster's Entertainment, Inc. to report loss of $ 0.85 per share on revenue of $ 167.83 million for the first quarter. The bottom line results missed street analysts by $ 0.52 or 61.18 percent, at the same time, top line results fell short of analysts by $ 8.02 million or 4.78 percent.

Stock Performance

Shares of Dave & Buster's Entertainment, Inc. traded low $ -0.27 or -1.44 percent on Wednesday, reaching $ 18.50 with volume of 3.72 million shares. The stock opened positive for the day at $ 18.83, after closing the previous day trading at $ 18.77.

According to the previous trading day, closing price of $ 18.77, representing a 307.16 % increase from the 52 week low of $ 4.61 and a 61.54 % decrease over the 52 week high of $ 48.80.

The company has a market capital of $ 877.87 million and is part of the Consumer Cyclical sector and Restaurants industry.

Conference Call

Dave & Buster's Entertainment, Inc. will be hosting a conference call at 5:00 PM eastern time on 10th September 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website ir.daveandbusters.com

Dave & Busters Entertainment, Inc. owns and operates entertainment and dining venues for adults and families. Its venues offer a menu of entrées and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events.