Everi Hldgs: Q1 Earnings Insights

Everi Hldgs EVRI reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Everi Hldgs beat estimated earnings by 95.45%, reporting an EPS of $0.43 versus an estimate of $0.22.

Revenue was up $24.86 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 0.7% increase in the share price the next day.

Here's a look at Everi Hldgs's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.24	0.34	0.33	0.28
EPS Actual	0.28	0.30	0.33	0.31
Revenue Estimate	197.55M	194.89M	180.93M	168.74M
Revenue Actual	205.36M	204.32M	197.22M	175.62M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Everi Hldgs management provided guidance for FY 2023, expecting earnings between $1.58 and $1.66 per share.

To track all earnings releases for Everi Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar