Lucky Strike Entertainment (LUCK) Expected to Announce Earnings on Thursday

Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) is anticipated to release its earnings data before the market opens on Thursday, May 8th. Analysts expect Lucky Strike Entertainment to post earnings of $0.23 per share and revenue of $361.42 million for the quarter. Lucky Strike Entertainment has set its FY 2025 guidance at EPS.

Lucky Strike Entertainment (NYSE:LUCK - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 EPS for the quarter, meeting analysts' consensus estimates of $0.06. Lucky Strike Entertainment had a negative return on equity of 35.76% and a net margin of 1.11%. On average, analysts expect Lucky Strike Entertainment to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lucky Strike Entertainment Trading Up 2.0 %

NYSE LUCK traded up $0.19 on Friday, hitting $9.64. 144,689 shares of the company's stock were exchanged, compared to its average volume of 439,382. The business has a 50-day moving average price of $9.42. The company has a market cap of $1.38 billion, a PE ratio of -963.04 and a beta of 0.79. Lucky Strike Entertainment has a 52 week low of $7.70 and a 52 week high of $14.92.

Lucky Strike Entertainment Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were issued a dividend of $0.055 per share. The ex-dividend date was Friday, February 21st. This represents a $0.22 annualized dividend and a dividend yield of 2.28%. Lucky Strike Entertainment's dividend payout ratio (DPR) is presently -2,200.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on LUCK. Truist Financial cut their price target on Lucky Strike Entertainment from $14.00 to $11.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. JPMorgan Chase & Co. decreased their price objective on shares of Lucky Strike Entertainment from $12.00 to $10.00 and set a "neutral" rating for the company in a research report on Monday, April 14th.

Insider Activity

In other Lucky Strike Entertainment news, Director John Alan Young purchased 3,685 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price of $10.13 per share, with a total value of $37,329.05. Following the transaction, the director now owns 69,423 shares in the company, valued at $703,254.99. The trade was a 5.61 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Brett I. Parker sold 1,747,434 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $11.54, for a total value of $20,165,388.36. Following the completion of the sale, the insider now directly owns 498,092 shares of the company's stock, valued at approximately $5,747,981.68. This trade represents a 77.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders purchased 6,163 shares of company stock worth $62,213 in the last quarter. 79.90% of the stock is owned by corporate insiders.

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.