Rush Street Interactive Inc reports results for the quarter ended December 31 - Earnings Summary

• Rush Street Interactive Inc RSI.N reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of seven analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 4 cents to 11 cents per share.

• Revenue rose 31.1% to $254.17 million from a year ago; analysts expected $245.48 million.

• Rush Street Interactive Inc's reported EPS for the quarter was 2 cents​.

• The company reported quarterly net income of $2.03 million.

• Rush Street Interactive Inc shares had fallen by 6.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the casinos & gaming peer group is also "buy"

Wall Street's median 12-month price target for Rush Street Interactive Inc is $16.00

This summary was machine generated from LSEG data February 27 at 04:22 a.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)