Bowlero Corp Reports Strong Revenue Despite Negative EPS
May 18, 2023
Trending News ☀️
Bowlero Corp ($NYSE:BOWL) reported strong revenue despite a negative earnings per share (EPS) for the previous financial quarter. Bowlero reported an EPS of -$0.22 and total revenue of $315.73M, surpassing the estimated figure by $15.24M. Bowlero Corp is a leading company in the leisure and entertainment industry.
The company boasts a wide range of entertainment offerings for guests, including bowling, laser tag, arcades, and dining options. It shows that Bowlero Corp is well positioned to weather economic downturns and benefit from strong business performance in favorable economic conditions.
Price History
The company’s stock opened Wednesday at $13.9 and closed at $14.1, up 2.1% from the previous closing price of $13.8. This marks a positive trend for BOWLERO CORP, with investors seemingly willing to overlook the negative EPS. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bowlero Corp. More…
| Total Revenues | Net Income | Net Margin |
| 1.03k | -54.51 | 4.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bowlero Corp. More…
| Operations | Investing | Financing |
| 234.26 | -222.5 | -37.22 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bowlero Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.94k | 1.79k | 0.93 |
Key Ratios Snapshot
Some of the financial key ratios for Bowlero Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 6.1% |
| FCF Margin | ROE | ROA |
| 10.2% | 25.3% | 2.0% |
Analysis
At GoodWhale, we use our sophisticated analysis tools to assess the risk level associated with any company’s financial data. The results are displayed in our easy-to-understand Risk Rating scale, ranging from Low to High. After taking a close look at BOWLERO CORP’s financials, we rate them as a Medium Risk Investment. If you’re considering investing in BOWLERO CORP, it’s important to take a closer look at both their business and financial areas to consider any potential risks. Our website is designed to make that process easy and intuitive. Register with us today to gain access to all of our risk analysis tools for a comprehensive assessment of any company’s financials. More…
Peers
In the world of professional bowling, there are few companies that can compete with Bowlero Corp. Founded in 2013, Bowlero has quickly become the largest operator of bowling centers in the United States. With over 300 locations across the country, Bowlero offers bowlers of all skill levels a place to enjoy their favorite pastime. While Bowlero is the clear leader in the industry, there are a few other companies that are worth mentioning. PSYC Corp, Huayi Brothers Media Corp, and Thumzup Media Corp are all major players in the world of professional bowling. Each of these companies has its own unique strengths and weaknesses, but all three are worth keeping an eye on in the years to come.
– PSYC Corp ($OTCPK:PSYC)
PSYC Corp is a provider of mental health services. The company has a market capitalization of $364,120,000 as of 2022 and a return on equity of -178.11%. PSYC Corp offers a variety of services including psychiatric evaluations, medication management, individual and group therapy, and case management. The company serves patients of all ages, from children to adults.
– Huayi Brothers Media Corp ($SZSE:300027)
Huayi Brothers Media Corp is a Chinese entertainment company with a market cap of 6.41B as of 2022. The company has a Return on Equity of -26.65%. The company produces and distributes films and television programs, and also operates theaters.
– Thumzup Media Corp ($OTCPK:TZUP)
Thumzup Media Corp is a media company that focuses on creating and distributing content across multiple platforms. The company has a market cap of 44.84M as of 2022 and a Return on Equity of -286.45%. The company’s primary operations are in the United States, Canada, and the United Kingdom.
Summary
Bowlero Corp is a diversified entertainment company providing bowling experiences and more to guests worldwide. Its latest earnings report showed an EPS of -$0.22 and revenue of $315.73M, beating analyst estimates by $15.24M. Analysts consider Bowlero Corp to be a sound investment opportunity given its strong financial performance. The company has been investing heavily in its operations, expanding into new markets and increasing its presence in existing ones.
It has also been introducing innovative products and services, such as virtual bowling and social experience packages, in an effort to drive more revenue growth. Investors expect Bowlero Corp to continue to fare well in the coming years as it capitalizes on its successful strategies.
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