Dave & Buster's Likely To Post Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Dave & Buster's Entertainment, Inc. PLAY is expected to report financial results for its second quarter ended July 30, 2023, after the closing bell on Sept. 6, 2023.

Analysts expect the company to post quarterly earnings at 93 cents per share, up from year-ago earnings of 59 cents per share. The company’s revenue might come in at $559 million, compared to $468.36 million in the year-ago period.

Dave & Buster's shares fell 4.5% to close at $37.93 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Truist Securities analyst Jake Bartlett maintained a Buy rating and lowered the price target from $63 to $60 on Aug. 24, 2023. This analyst has an accuracy rate of 83%.
• Piper Sandler analyst Nicole Miller Regan initiated coverage on the stock with an Overweight rating and a price target of $56 on July 18, 2023. This analyst has an accuracy rate of 78%.
• Raymond James analyst Brian Vaccaro maintained a Strong Buy rating and raised the price target from $55 to $60 on June 14, 2023. This analyst has an accuracy rate of 80%.
• BMO Capital analyst Andrew Strelzik maintained an Outperform rating and boosted the price target from $55 to $60 on June 7, 2023. This analyst has an accuracy rate of 66%.
• UBS analyst Dennis Geiger initiated coverage on the stock with a Neutral rating and a price target of $38 on May 8, 2023. This analyst has an accuracy rate of 73%.

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