Dave & Buster’s Entertainment (NASDAQ:PLAY) is set to release earnings after the market closes on Tuesday, June 6. The Estimize community has a bullish outlook on PLAY, with an EPS consensus of .82, which is more optimistic than the Street’s .80. As far as revenue goes, the Estimize community comes in at $299.96M compared to $299.90M from the Street.
Dave and Buster’s continues to open new locations, most recently in New Orleans, which is a 40,000 square foot paradise for drinkers, gamers and foodies. This is in conjunction with two other locations, one in Myrtle Beach South Carolina and one in Alpharetta, Georgia. The push to make Dave and Buster’s a household name should only continue with the appointment of former President and CEO of Hard Rock Cafe, Hamish Dodds, to the Board of Directors. Dave and Buster’s currently has an outperform rating from Wells Fargo (NYSE:WFC) with a price target of $75, from an initial $65.50.
What are you expecting for PLAY?