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Rush Street Interactive, Inc. (RSI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-07-23 15:07
Core Viewpoint - Rush Street Interactive, Inc. (RSI) is expected to report a year-over-year increase in earnings and revenues for the quarter ended June 2025, with the consensus outlook being crucial for assessing the company's earnings picture [1] Earnings Expectations - The upcoming earnings report is anticipated to be released on July 30, with expectations that better-than-expected results could drive the stock price higher, while missing estimates may lead to a decline [2] - The consensus estimate for quarterly earnings is $0.07 per share, reflecting a year-over-year increase of +75%, with revenues projected at $254.62 million, up 15.5% from the previous year [3] Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 11.11%, indicating a reassessment by analysts regarding the company's earnings prospects [4] - The Most Accurate Estimate for Rush Street Interactive is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -14.29%, suggesting a bearish outlook from analysts [12] Earnings Surprise History - In the last reported quarter, Rush Street Interactive exceeded the expected earnings of $0.08 per share by delivering $0.09, resulting in a surprise of +12.50% [13] - Over the past four quarters, the company has beaten consensus EPS estimates three times [14] Industry Comparison - Bally's (BALY), another player in the gaming industry, is expected to report a loss of $0.23 per share for the same quarter, indicating a year-over-year change of +72.3%, with revenues projected at $653.85 million, up 5.2% [18] - Bally's has an Earnings ESP of -131.11% and a Zacks Rank of 4 (Sell), making it difficult to predict a beat on the consensus EPS estimate [20]
Rogers Sugar Inc.: Conference Call – 3rd Quarter 2025 Results
Globenewswire· 2025-07-22 20:55
Group 1 - Rogers Sugar Inc. (RSI) will hold a conference call to discuss their 2025 third quarter results on August 12, 2025, at 8:00 a.m. Eastern Time [1] - The conference call will be chaired by Mr. Michael Walton, Chief Executive Officer, and Mr. Jean-Sébastien Couillard, Chief Financial Officer [1] - Participants can join the call by dialing 1-800-717-1738, and a recording will be available until September 12, 2025 [2] Group 2 - A webcast of the discussion along with a presentation will be accessible through a specific online link [2] - For further inquiries, contact Jean-Sébastien Couillard, Vice President of Finance and Chief Financial Officer, at the provided telephone number [3]
Rush Street Interactive: Zero Debt And Operational Efficiency Makes It Worthy Of An Upgrade
Seeking Alpha· 2025-07-15 13:18
Core Viewpoint - The article discusses the author's previous hold rating on Rush Street Interactive (NYSE: RSI) due to a significant stock rally at the beginning of the year [1]. Company Analysis - Rush Street Interactive's stock had a heavy rally leading into the current year, prompting a cautious hold rating from the author [1]. - The author emphasizes a value-oriented investment style, focusing on high-quality, long/short mid and small-cap companies [1]. Industry Insights - The author has been involved in retail investing for the past five years, gaining insights into the stock market and utilizing data analytics to identify investment opportunities [1]. - The article highlights the importance of data from SEC filings and other sources in making informed investment decisions [1].
Rush Street Interactive Announces Second Quarter 2025 Earnings Release Date
Globenewswire· 2025-07-09 12:30
Core Points - Rush Street Interactive, Inc. (RSI) will release its second quarter 2025 results on July 30, 2025, after market close, followed by a conference call at 6:00 pm Eastern Time [1] - The earnings press release and related materials will be accessible on RSI's investor relations website [2] - An audio replay of the conference call will be available on the investor relations website until at least August 30, 2025 [3] Company Overview - RSI is an online gaming and sports entertainment company operating in the U.S., Canada, and Latin America, with brands including BetRivers, PlaySugarHouse, and RushBet [4] - The company offers real-money mobile and online operations in fifteen U.S. states and several international markets, including Colombia, Ontario, Mexico, and Peru [4] - RSI has received multiple awards for its services, including being named the EGR North America Awards Customer Services Operator of the Year for five consecutive years from 2020 to 2024 [4]
Rush Street Interactive Launches Multi-State BetRivers Poker Network, Unifying Players Across Four States
Globenewswire· 2025-06-10 12:30
Core Insights - Rush Street Interactive, Inc. (RSI) has launched its online poker platform, BetRivers Poker, in Delaware, Michigan, and West Virginia, following its successful debut in Pennsylvania, marking a significant multi-state expansion [1][2] - The expansion allows for a unified cross-state player pool, enhancing the gaming experience with larger tournament prize pools and deeper cash-game fields [2][5] - BetRivers Poker was developed with input from the poker community, led by industry figures Phil Galfond and Phil Hellmuth, focusing on player experience and engagement [3][4] Company Overview - RSI is a leading online gaming and sports entertainment company operating in the U.S., Canada, and Latin America, with real-money operations in fifteen U.S. states and several international markets [9] - The company has received multiple awards for its customer service and operational excellence, including the EGR North America Awards and SBC Latinoamérica Awards [9] Product Features - BetRivers Poker offers various game formats, including cash games, Sit & Go tournaments, and Multi-Table Tournaments (MTTs), with innovative features like dynamic avatars and player-driven design [5][7] - The platform aims to expand its digital presence through content initiatives like Poker Night in America and PokerBratTV on YouTube, providing exclusive content and player engagement opportunities [5]
Rush Street Interactive(RSI) - 2025 FY - Earnings Call Transcript
2025-05-29 15:00
Financial Data and Key Metrics Changes - The company held its Annual General Meeting on May 29, 2025, with a quorum present for voting on various proposals [4][14] - The appointment of Witham Smith and Brown, PC as the independent registered public accounting firm for fiscal year 2025 was ratified [14] Business Line Data and Key Metrics Changes - No specific financial data or metrics related to individual business lines were discussed in the meeting [1][15] Market Data and Key Metrics Changes - No specific market data or metrics were provided during the meeting [1][15] Company Strategy and Development Direction and Industry Competition - The meeting included proposals for the election of directors and advisory votes on executive compensation, indicating a focus on governance and shareholder engagement [6][10] - The company values stockholder opinions on executive compensation and the frequency of advisory votes, reflecting a commitment to transparency and accountability [11][14] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting [1][15] Other Important Information - The meeting included a nonbinding advisory vote on executive compensation and the frequency of future advisory votes, emphasizing the company's approach to governance [10][11] - The final results of the votes will be published in a Form 8-K filed with the SEC within four business days [14] Q&A Session All Questions and Answers - No questions were raised during the meeting regarding the proposals or other matters [13][15]
BetRivers Expands PropPacks, Following NBA Success, to include MLB, Delivering a Home Run Experience for Baseball Fans
Globenewswire· 2025-05-29 12:30
Core Insights - Rush Street Interactive, Inc. (RSI) is launching PropPacks for MLB, a digital baseball card game that combines the excitement of prop betting with the nostalgia of sports cards, aimed at enhancing player engagement at BetRivers Sportsbook [1][2][5] Product Overview - PropPacks for MLB allow BetRivers customers to engage interactively with Major League Baseball, offering chances to win up to $1,000 in bonus credits or other rewards with each card [2][4] - Fans placing $10 or more on qualifying Same Game Parlays (SGPs) for MLB games will receive up to three digital PropPacks player cards at no extra cost, with prizes based on player performance milestones [3][5] Reward Structure - PropPacks are categorized into three tiers: Bronze, Silver, and Gold, with Gold cards being the rarest and offering the highest potential rewards, including a grand prize of $1,000 in bonus credits [4][6] Company Strategy - The introduction of PropPacks for MLB follows the successful launch of NBA PropPacks, reflecting the company's strategy to provide innovative and value-driven experiences for players [5][6] - RSI emphasizes its commitment to enhancing player value and engagement through exclusive offerings and promotions across various sports seasons [5][6] Company Background - RSI operates in multiple regulated markets, including fifteen U.S. states and international markets such as Colombia and Canada, providing a wide range of online gaming and sports betting options [7] - The company has received numerous awards for customer service and operational excellence in the gaming industry, highlighting its reputation and commitment to responsible gaming [7]
Rogers Sugar Delivers Solid Second Quarter Results, with Record Performance from Maple Segment
Globenewswire· 2025-05-13 11:01
Core Viewpoint - Rogers Sugar Inc. reported strong financial results for the second quarter and first six months of fiscal 2025, with consolidated adjusted EBITDA of $34.7 million, driven by solid performance in the Sugar and Maple segments [1][2]. Financial Performance - Revenues for Q2 2025 reached $326.3 million, up from $300.9 million in Q2 2024, marking an increase of $17.4 million [2][7]. - Gross margin for Q2 2025 was $52.9 million, compared to $44.9 million in Q2 2024, reflecting improved operational efficiency [2][8]. - Adjusted net earnings for Q2 2025 were $16.2 million, a decrease from $18.9 million in Q2 2024 [2][45]. - Net earnings for Q2 2025 were $20.5 million, compared to $13.9 million in Q2 2024, indicating a significant year-over-year increase [2][45]. Segment Performance Sugar Segment - Sugar segment revenues for Q2 2025 were $260.7 million, up from $243.0 million in Q2 2024 [5][13]. - Adjusted EBITDA for the Sugar segment was $27.6 million in Q2 2025, down from $33.2 million in Q2 2024, primarily due to an unfavorable product mix and higher maintenance costs [5][12]. - Sales volumes in the Sugar segment increased to 198,246 metric tonnes in Q2 2025, a rise of approximately 10% compared to the same period last year [5][8]. Maple Segment - Maple segment revenues for Q2 2025 were $65.6 million, compared to $58.0 million in Q2 2024, reflecting a strong demand [13][17]. - Adjusted EBITDA for the Maple segment increased to $7.1 million in Q2 2025, up from $4.9 million in Q2 2024, driven by higher sales volume and lower operating expenses [6][19]. - Sales volumes in the Maple segment for the first six months of 2025 were 13% higher than the same period last year, attributed to favorable market conditions [6][17]. Capital Expenditures and Projects - The company invested $22.8 million in property, plant, and equipment during Q2 2025, with a significant portion allocated to the LEAP Project aimed at expanding sugar refining capacity [6][20]. - The LEAP Project is expected to add approximately 100,000 metric tonnes of refined sugar capacity by the end of 2026, with total costs estimated between $280 million and $300 million [20][21]. Outlook - The company anticipates continued strong performance in both the Sugar and Maple segments for the remainder of fiscal 2025, despite potential adverse impacts from US tariffs [25][36]. - The Sugar segment is expected to achieve sales volumes of 785,000 metric tonnes in fiscal 2025, reflecting a year-over-year increase of about 1% [29][30]. - The Maple segment is projected to grow by approximately 6.5% in sales volume in 2025, contingent on market conditions and potential tariffs [36][37].
Rush Street Interactive Announces Initiative Supporting Increased Gaming Literacy For Teens
Globenewswire· 2025-05-12 12:30
Core Insights - Rush Street Interactive (RSI) has launched the Gaming Literacy Aiding Decisions (GLAD) initiative in partnership with Integrity Compliance 360 (IC360) to enhance gaming literacy among high school students and promote responsible gaming practices [1][3] - The GLAD program aims to provide educators with tools and resources to help students make informed decisions regarding gaming, addressing the growing exposure of youth to gambling options [2][3] - The initial rollout of the GLAD curriculum will take place in New Jersey and Delaware, focusing on collaboration with educational districts to establish success metrics and gather feedback for future program development [3] Company Overview - Rush Street Interactive is a prominent online gaming and sports entertainment company operating in the United States, Canada, and Latin America, with brands such as BetRivers and PlaySugarHouse [4] - RSI has established a presence in fifteen U.S. states and several international markets, offering a variety of online casino games and sports betting options [4] - The company has received multiple awards for its customer service and operational excellence, including the EGR North America Awards for Customer Services Operator of the Year from 2020 to 2024 [4] Industry Context - The gaming landscape has evolved significantly, providing consumers with more entertainment options, including online gambling, which has become increasingly mainstream [2] - There is a recognized need for responsible education and dialogue regarding gambling, particularly for youth who are navigating this environment [2][3] - IC360, as a consultancy specializing in integrity and compliance solutions for the gaming industry, partners with RSI to set new standards in responsible gaming education [5]
New Five-Year Agreement with the Alberta Sugar Beet Growers
Globenewswire· 2025-05-09 21:01
Core Points - Rogers Sugar Inc. has signed a five-year agreement with the Alberta Sugar Beet Growers for the supply of sugar beets to its Taber sugar refining plant, covering the 2025 to 2029 crops [1][3] - The Taber operation is the only sugar beet processing facility in Canada, supported by approximately 200 Southern Alberta farm families, ensuring that all sugar produced at this location is 100% Canadian [2] - The agreement is expected to support the needs of customers in Western Canada, as stated by the President and CEO of Lantic Inc and Rogers Sugar Inc. [3] Company Overview - Rogers Sugar Inc. operates under Canadian laws and holds all common shares of Lantic, with its administrative office located in Montréal, Québec [4] - Lantic operates cane sugar refineries in Montréal and Vancouver, as well as the only Canadian sugar beet processing facility in Taber, Alberta, and a distribution center in Toronto [4] - The company's sugar products are marketed under the "Lantic" trademark in Eastern Canada and the "Rogers" trademark in Western Canada, including various types of sugars and specialty syrups [4]