Dave & Busters stock rises as earnings beat, revenue misses

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Dave & Buster’s Entertainment Inc. shares rose in the extended session Tuesday after the games-themed restaurant chain’s quarterly earnings topped Wall...

Dave & Buster’s Entertainment Inc. shares PLAY rose in the extended session Tuesday after the games-themed restaurant chain’s quarterly earnings topped Wall Street expectations but revenue fell short. Initially, Dave & Buster’s shares declined as much 3% after hours then rose as much as more than 5%, following a 5.7% rally in the regular session to close at $33.74. The company reported first-quarter net income of $70.1 million, or $1.45 a share, compared with $67 million, or $1.

Initially, Dave & Buster’s shares declined as much 3% after hours then rose as much as more than 5%, following a 5.7% rally in the regular session to close at $33.74. The company reported first-quarter net income of $70.1 million, or $1.45 a share, compared with $67 million, or $1.35 a share in the year-ago period. Revenue rose to $597.3 million from $451.1 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of $1.26 a share on revenue of $603.9 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines