Dave & Buster's Entertainment (PLAY) Releases Earnings Results, Beats Expectations By $0.13 EPS

Dave & Buster's Entertainment (PLAY) reported quarterly earnings results on Tuesday, Jun-7-2016. The company said it had a profit of $0.72 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.13. Analysts had a consensus of $0.59. The company posted revenue of $262.00 million in the period, compared to analysts expectations of $251.42 million. The company’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.

Many Wall Street Analysts have commented on Dave & Buster's Entertainment. Company shares were Reiterated by Stifel on Mar 30, 2016 to “Buy”, Firm has raised the Price Target to $ 50 from a previous price target of $46 .

Dave & Buster's Entertainment closed down -0.08 points or -0.20% at $40.59 with 4,49,063 shares getting traded on Friday. Post opening the session at $40.55, the shares hit an intraday low of $40.06 and an intraday high of $40.92 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on May 18, 2016, Brian Jenkins (SVP & CFO) sold 4,000 shares at $39.03 per share price. According to the SEC, on May 18, 2016, Dolf A Berle (Pres. & COO) sold 4,000 shares at $39.03 per share price. On May 17, 2016, John P Gleason (SVP & CMO) sold 3,000 shares at $39.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Dave & Buster's Entertainment

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