Bragg Gaming Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Bragg Gaming Group Inc BRAG.TO reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of three analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -6 cents to -5 cents per share.

• Revenue rose 4.9% to €26.08 million from a year ago; analysts expected €27.65 million.

• Bragg Gaming Group Inc's reported EPS for the quarter was a loss of 7 cents​.

• The company reported a quarterly loss of €1.83 million.

• Bragg Gaming Group Inc shares had fallen by 11.3% this quarter and gained 3.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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

• Wall Street's median 12-month price target for Bragg Gaming Group Inc is $8.00, about 52.1% above its last closing price of $3.83

This summary was machine generated from LSEG data August 14 at 03:11 p.m. UTC. ​All figures in euros 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)