Seeking Clues to Dave & Buster's (PLAY) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Insights - Wall Street analysts anticipate that Dave & Buster's (PLAY) will report a quarterly loss of -$1.19 per share, reflecting a significant year-over-year decline of 164.4% [1] - Revenue projections for the upcoming quarter are estimated at $460.15 million, which represents a modest increase of 1.6% compared to the same quarter last year [1] Earnings Projections - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating that analysts have not revised their initial projections during this period [1][2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [2] Key Metrics Analysis - Analysts predict that 'Entertainment revenues' will reach $291.82 million, indicating a year-over-year decline of 1% [4] - 'Food and beverage revenues' are expected to be $168.24 million, suggesting a year-over-year increase of 6.2% [4] - The forecast for 'Stores Count - End of Period' is 241, an increase from 227 reported in the same quarter of the previous year [4] Stock Performance - Over the past month, shares of Dave & Buster's have increased by 22.6%, significantly outperforming the Zacks S&P 500 composite, which saw a change of only 0.1% [5] - Despite recent gains, Dave & Buster's holds a Zacks Rank of 4 (Sell), indicating expectations of underperformance relative to the overall market in the near future [5]