Bowlero (BOWL) Set to Announce Earnings on Monday

Bowlero (NYSE:BOWL) is set to announce its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter. Bowlero has set its FY 2025 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.

Bowlero (NYSE:BOWL) last released its quarterly earnings data on Thursday, September 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.05). The firm had revenue of $283.87 million for the quarter, compared to analysts’ expectations of $273.33 million. Bowlero had a negative return on equity of 5.36% and a negative net margin of 7.24%. On average, analysts expect Bowlero to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bowlero Price Performance

NYSE:BOWL opened at $11.58 on Monday. Bowlero has a 12 month low of $8.85 and a 12 month high of $15.47. The firm has a market capitalization of $1.72 billion, a PE ratio of 21.85 and a beta of 0.60. The business’s fifty day moving average price is $11.56 and its 200 day moving average price is $12.23.

Bowlero Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 23rd were issued a $0.055 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.90%. Bowlero’s payout ratio is currently 41.51%.

Wall Street Analyst Weigh In

BOWL has been the subject of a number of research analyst reports. Piper Sandler assumed coverage on Bowlero in a report on Monday. They issued a “neutral” rating and a $12.00 price target for the company. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $18.00 target price on shares of Bowlero in a research report on Monday, September 30th. B. Riley reissued a “buy” rating and issued a $17.00 price target on shares of Bowlero in a research report on Tuesday, September 3rd. Finally, Royal Bank of Canada raised Bowlero to a “moderate buy” rating in a report on Thursday, October 3rd. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $16.00.

About Bowlero

Bowlero Corp. operates bowling entertainment centers under the AMF, Bowlmor Lanes, and Bowlero brand names. The company also provides hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. It operates bowling centers in the United States, Mexico, and Canada.