Countdown to Dave & Buster's (PLAY) Q4 Earnings: Wall Street Forecasts for Key Metrics

Analysts on Wall Street project that Dave & Buster's (PLAY) will announce quarterly earnings of $0.66 per share in its forthcoming report, representing a decline of 35.9% year over year. Revenues are projected to reach $547.99 million, declining 8.5% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 9.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.Bearing this in mind, let's now explore the average estimates of specific Dave & Buster's metrics that are commonly monitored and projected by Wall Street analysts.It is projected by analysts that the 'Entertainment revenues' will reach $354.75 million. The estimate suggests a change of -6.4% year over year.Analysts' assessment points toward 'Food and beverage revenues' reaching $193.21 million. The estimate indicates a year-over-year change of -12.3%.The consensus among analysts is that 'Stores Count - End of Period' will reach 232. Compared to the present estimate, the company reported 220 in the same quarter last year.View all Key Company Metrics for Dave & Buster's here>>>Shares of Dave & Buster's have demonstrated returns of -4.6% over the past month compared to the Zacks S&P 500 composite's -5.3% change. With a Zacks Rank #5 (Strong Sell), PLAY is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dave & Buster's Entertainment, Inc. (PLAY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks