Rush Street Interactive Inc reports results for the quarter ended June 30 - Earnings Summary

• Rush Street Interactive Inc RSI.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 4 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 5 cents to 8 cents per share.

• Revenue rose 22.2% to $269.22 million from a year ago; analysts expected $250.94 million.

• Rush Street Interactive Inc's reported EPS for the quarter was 12 cents​.

• The company reported quarterly net income of $16.69 million.

• Rush Street Interactive Inc shares had risen by 4.9% this quarter and gained 13.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.5% 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 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 $17.00, about 5.5% above its last closing price of $16.06

This summary was machine generated from LSEG data July 30 at 10:26 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)