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.

Earnings

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.

Past Earnings Performance

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:

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).

Guidance

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.