Lucky Strike Entertainment's Q4 revenue misses estimates; co cites World Cup impact
LUCK•Outlook
- Lucky Strike sees FY27 revenue growth of 3% to 5%
- Company expects FY27 revenue of $1.28 bln to $1.31 bln
- Lucky Strike forecasts FY27 adjusted EBITDA of $340 mln to $360 mln
Overview
- US entertainment operator's Q4 revenue grew 0.9% yr/yr but missed analyst expectations
- Adjusted EBITDA for Q4 declined from prior year
- Company says Q4 results were impacted by a World Cup-related drop in attendance in June
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q4 Revenue | Miss | $303.9 mln | $312.35 mln (10 Analysts) |
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell".
- The average consensus recommendation for the leisure & recreation peer group is "buy".
- Wall Street's median 12-month price target for Lucky Strike Entertainment Corp is $9.00, about 33.5% above its August 26 closing price of $6.74.
- The stock recently traded at 44 times the next 12-month earnings vs. a P/E of 28 three months ago.
