Equities Analysts Offer Predictions for LUCK Q1 Earnings

Key Points

• Noble Financial forecasts a Q1 2027 loss of $0.03 per share for Lucky Strike Entertainment, with estimates of losses in Q2 followed by projected earnings of $0.23 per share in Q3 and $0.17 for fiscal 2027.
• Lucky Strike recently reported a larger-than-expected quarterly loss of $0.20 per share versus the $0.05 consensus estimate, while revenue of $303.95 million also fell short of expectations.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $8.39. Shares opened at $6.31, while the company announced a quarterly dividend of $0.06, implying a 3.8% annualized yield.

Lucky Strike Entertainment (NYSE:LUCK - Free Report) - Investment analysts at Noble Financial issued their Q1 2027 earnings estimates for shares of Lucky Strike Entertainment in a research note issued to investors on Friday, August 28th. Noble Financial analyst M. Kupinski anticipates that the company will earn ($0.03) per share for the quarter. The consensus estimate for Lucky Strike Entertainment's current full-year earnings is $0.15 per share. Noble Financial also issued estimates for Lucky Strike Entertainment's Q2 2027 earnings at ($0.01) EPS, Q3 2027 earnings at $0.23 EPS, FY2027 earnings at $0.17 EPS and FY2028 earnings at $0.51 EPS.

Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.15). The company had revenue of $303.95 million during the quarter, compared to analyst estimates of $311.30 million.

A number of other research firms have also commented on LUCK. Wall Street Zen raised Lucky Strike Entertainment from a "strong sell" rating to a "sell" rating in a research report on Saturday, June 20th. Truist Financial set a $10.00 price objective on Lucky Strike Entertainment in a research report on Thursday. Weiss Ratings reissued a "sell (d)" rating on shares of Lucky Strike Entertainment in a research note on Friday, July 31st. Stifel Nicolaus reduced their price target on shares of Lucky Strike Entertainment from $9.00 to $8.00 and set a "buy" rating for the company in a report on Friday. Finally, Jefferies Financial Group set a $10.00 price objective on shares of Lucky Strike Entertainment in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $8.39.

Lucky Strike Entertainment Trading Down 2.6%

NYSE:LUCK opened at $6.31 on Tuesday. Lucky Strike Entertainment has a 1 year low of $5.52 and a 1 year high of $11.19. The stock has a 50-day moving average price of $7.07 and a two-hundred day moving average price of $7.81. The stock has a market cap of $862.07 million, a price-to-earnings ratio of -18.56 and a beta of 0.63.

Lucky Strike Entertainment Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a $0.06 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.8%. Lucky Strike Entertainment's payout ratio is currently -70.59%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. State of Wyoming bought a new position in Lucky Strike Entertainment in the fourth quarter valued at approximately $74,000. Bank of America Corp DE acquired a new stake in shares of Lucky Strike Entertainment in the 2nd quarter valued at approximately $94,000. Invesco Ltd. bought a new position in shares of Lucky Strike Entertainment in the second quarter valued at $114,000. Jain Global LLC bought a new position in shares of Lucky Strike Entertainment in the third quarter valued at $121,000. Finally, XTX Topco Ltd acquired a new position in Lucky Strike Entertainment during the second quarter worth $123,000. 68.11% of the stock is owned by institutional investors and hedge funds.

About Lucky Strike Entertainment

Lucky Strike Entertainment Corp. engages in operating bowling centers. It offers entertainment concepts with lounge seating, arcades, food and beverage offerings, and hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. The company was founded by Thomas F. Shannon in 1997 and is headquartered in Mechanicsville, VA.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.