Bowlero (BOWL) Set to Announce Earnings on Monday

Bowlero (NYSE:BOWL) will announce its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter. Bowlero has set its FY 2025 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Bowlero (NYSE:BOWL) last announced its earnings results on Thursday, September 5th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.05). The company had revenue of $283.87 million for the quarter, compared to analysts’ expectations of $273.33 million. Bowlero had a negative net margin of 7.24% and a negative return on equity of 5.36%. On average, analysts expect Bowlero to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bowlero Stock Down 0.4 %

BOWL opened at $10.33 on Friday. The firm’s 50 day moving average is $11.50 and its 200-day moving average is $12.18. Bowlero has a 52-week low of $8.85 and a 52-week high of $15.47. The firm has a market capitalization of $1.52 billion, a P/E ratio of -15.89 and a beta of 0.60.

Bowlero Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 23rd were given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date was Friday, August 23rd. Bowlero’s payout ratio is currently -33.85%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BOWL. Piper Sandler initiated coverage on Bowlero in a research note on Monday, October 28th. They set a “neutral” rating and a $12.00 price objective on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $18.00 price target on shares of Bowlero in a research note on Monday, September 30th. Royal Bank of Canada raised shares of Bowlero to a “moderate buy” rating in a research note on Thursday, October 3rd. Finally, B. Riley reiterated a “buy” rating and issued a $17.00 target price on shares of Bowlero in a report on Tuesday, September 3rd. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.00.

Bowlero Company Profile

Bowlero Corp. operates bowling entertainment centers under the AMF, Bowlmor Lanes, and Bowlero brand names. The company also provides hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. It operates bowling centers in the United States, Mexico, and Canada.