Hall of Fame Resort & Entertainment Co reports results for the quarter ended in December - Earnings Summary

Reuters03-21

* Hall of Fame Resort & Entertainment Co reported a quarterly adjusted loss of $1.72​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $-3.49. The mean expectation of two analysts for the quarter was for a loss of $2.60 per share. Wall Street expected results to range from $-2.99 to $-2.22 per share.

* Revenue rose 143.2% to $6.14 million from a year ago; analysts expected $5.48 million.

* Hall of Fame Resort & Entertainment Co's reported EPS for the quarter was a loss of $3.20​.

* The company reported a quarterly loss of $19.17 million.

* Hall of Fame Resort & Entertainment Co shares had risen by 8.6% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the hotels, motels & cruise lines peer group is also "buy"

Wall Street's median 12-month price target for Hall of Fame Resort & Entertainment Co is $12.00 This summary was machine generated from LSEG data March 20 at 09:39 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 -2.60 -1.72 Beat

Sep. 30 2023 -2.48 -2.89 Missed

Jun. 30 2023 -2.22 -2.39 Missed

Mar. 31 2023 -2.27 -3.48 Missed

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