Rush Street Interactive (NYSE:RSI – Get Free Report) is set to announce its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Rush Street Interactive has set its FY 2024 guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.
Rush Street Interactive (NYSE:RSI – Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.06. The business had revenue of $220.38 million for the quarter, compared to analyst estimates of $201.37 million. Rush Street Interactive had a negative return on equity of 12.45% and a negative net margin of 0.84%. The company’s quarterly revenue was up 33.5% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.08) EPS. On average, analysts expect Rush Street Interactive to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Rush Street Interactive Trading Down 2.5 %
Shares of RSI opened at $10.32 on Monday. The stock has a 50-day moving average price of $10.15 and a 200-day moving average price of $9.22. The company has a market cap of $2.32 billion, a PE ratio of -60.71 and a beta of 1.79. Rush Street Interactive has a 12-month low of $3.17 and a 12-month high of $11.59.
Insider Buying and Selling
Analyst Upgrades and Downgrades
RSI has been the subject of several research analyst reports. Wells Fargo & Company lifted their target price on shares of Rush Street Interactive from $11.00 to $13.00 and gave the company an “overweight” rating in a research report on Thursday, August 1st. Oppenheimer upped their target price on shares of Rush Street Interactive from $10.00 to $14.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. Craig Hallum lifted their price target on Rush Street Interactive from $11.00 to $14.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Finally, Needham & Company LLC increased their price objective on Rush Street Interactive from $10.00 to $14.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Rush Street Interactive has a consensus rating of “Moderate Buy” and a consensus price target of $11.17.
Check Out Our Latest Analysis on Rush Street Interactive
About Rush Street Interactive
Rush Street Interactive, Inc operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines.
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