Rush Street Interactive Inc reports results for the quarter ended in March - Earnings Summary

• Rush Street Interactive Inc RSI reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of seven analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -6 cents tozero cents per share.

• Revenue rose 33.9% to $217.43 million from a year ago; analysts expected $196.88 million.

• Rush Street Interactive Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $727 thousand.

• Rush Street Interactive Inc shares had fallen by 1.4% this quarter and gained 43.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 60.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the casinos & gaming peer group is also "buy"

Wall Street's median 12-month price target for Rush Street Interactive Inc is $9.50

This summary was machine generated from LSEG data May 2 at 06:25 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)