Yahoo Finance Bragg Gaming Group Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
Bragg Gaming Group (TSE:BRAG) Third Quarter 2022 Results
Key Financial Results
Revenue: €20.9m (up 62% from 3Q 2021).
Net loss: €2.00m (loss narrowed by 19% from 3Q 2021).
€0.091 loss per share (improved from €0.12 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bragg Gaming Group Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 50%.
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in Canada.
Performance of the Canadian Hospitality industry.
The company's shares are down 13% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Bragg Gaming Group that we have uncovered.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
