share_log

Earnings Preview: Hall Of Fame Resort

Benzinga ·  May 12, 2023 23:02

Hall Of Fame Resort (NASDAQ:HOFV) is set to give its latest quarterly earnings report on Monday, 2023-05-15. Here's what investors need to know before the announcement.

Analysts estimate that Hall Of Fame Resort will report an earnings per share (EPS) of $-2.27.

Hall Of Fame Resort bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Historical Earnings Performance

Last quarter the company missed EPS by $1.31, which was followed by a 7.94% drop in the share price the next day.

Here's a look at Hall Of Fame Resort's past performance and the resulting price change:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate-2.20-1.98-2.420.14
EPS Actual-3.51-1.98-1.76-1.76
Price Change %-7.94%0.7%2.8%-11.99%

eps graph

Stock Performance

Shares of Hall Of Fame Resort were trading at $6.57 as of May 11. Over the last 52-week period, shares are down 54.57%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Hall Of Fame Resort visit their earnings calendar on our site.

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

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment