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

Lucky Strike Entertainment (NYSE:LUCK) is expected 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) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. Lucky Strike Entertainment had a net margin of 1.11% and a negative return on equity of 35.76%. 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 Stock Down 0.6 %

LUCK opened at $9.39 on Thursday. The stock’s 50-day moving average is $9.47. Lucky Strike Entertainment has a 52-week low of $7.70 and a 52-week high of $14.92. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of -938.06 and a beta of 0.79.

Lucky Strike Entertainment Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 2.34%. The ex-dividend date of this dividend was Friday, February 21st. Lucky Strike Entertainment’s dividend payout ratio (DPR) is -2,200.00%.

Analyst Ratings Changes

Several equities analysts recently weighed in on LUCK shares. Truist Financial decreased their target price on shares of Lucky Strike Entertainment from $14.00 to $11.00 and set a “buy” rating for the company 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 related news, Director John Alan Young purchased 3,685 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price of $10.13 per share, for a total transaction of $37,329.05. Following the purchase, the director now owns 69,423 shares in the company, valued at approximately $703,254.99. This represents a 5.61 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Vice Chairman Brett I. Parker sold 1,747,434 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $11.54, for a total transaction of $20,165,388.36. Following the sale, the insider now owns 498,092 shares of the company’s stock, valued at $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 acquired a total of 6,163 shares of company stock valued at $62,213 over the last three months. Insiders own 79.90% of the company’s stock.

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.