Everi Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Everi Holdings Inc EVRI.N reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of three analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 4 cents to 27 cents per share.

• Revenue fell 4.3% to $181.30 million from a year ago; analysts expected $184.64 million.

• Everi Holdings Inc's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $3.92 million.

• Everi Holdings Inc shares had risen by 2.9% this quarter and gained 4.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 67.3% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the casinos & gaming peer group is also "hold"

• Wall Street's median 12-month price target for Everi Holdings Inc is $14.25

This summary was machine generated from LSEG data May 12 at 11:20 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)