Enthusiast Gaming Holdings Inc (EGLX:CA), a prominent integrated gaming entertainment company, is poised to release its financial results for the fourth quarter and full year ending December 31, 2024.
The announcement is scheduled for Monday, March 31, 2025, after market close. Following this, the company will host a conference call and webcast at 5:00 p.m. ET to discuss the results.
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Expected Quarterly Earnings Report of Enthusiast Gaming Holdings Inc:
Analyst projections for the upcoming Q4 2024 earnings report estimate revenue at approximately CAD 20.67 million, reflecting a 56.16% decrease compared to the same quarter in the previous year.
Earnings per share (EPS) are anticipated to be around CAD 0.05, marking a 100% improvement from the prior year’s corresponding quarter.
Stock Target Advisor’s Analysis on Enthusiast Gaming Holdings Inc:
According to Stock Target Advisor, Enthusiast Gaming Holdings Inc. has an average analyst target price of CAD 0.15 over the next 12 months, with a consensus rating of ‘Hold’ based on assessments from one analyst.
The platform’s own analysis is ‘Bearish,’ citing two positive signals and six negative signals. As of the last closing, the stock was priced at CAD 0.11, experiencing a 16% decline over the past month and a 44.74% decrease over the past year.
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Conclusion:
As Enthusiast Gaming Holdings Inc. prepares to unveil its Q4 and full-year 2024 financial results, stakeholders and investors are keenly observing the company’s performance metrics and strategic direction.
The forthcoming earnings report and subsequent analyses will provide valuable insights into the company’s financial health and future prospects.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
