Dave & Buster's (PLAY) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Nasdaq Dave & Buster's (PLAY) reported $542.1 million in revenue for the quarter ended July 2023, representing a year-over-year increase of 15.7%. EPS of $0.94 for the same period compares to $0.61 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $558.36 million, representing a surprise of -2.91%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.94.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
