Everi (EVRI) to Release Quarterly Earnings on Tuesday

Everi (NYSE:EVRI) is set to issue its quarterly earnings data after the market closes on Tuesday, November 6th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Everi (NYSE:EVRI) last posted its quarterly earnings data on Tuesday, August 7th. The credit services provider reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). The company had revenue of $118.68 million for the quarter, compared to analysts’ expectations of $110.17 million. On average, analysts expect Everi to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NYSE:EVRI opened at $6.87 on Tuesday. Everi has a 1-year low of $6.08 and a 1-year high of $9.82.

EVRI has been the topic of a number of analyst reports. ValuEngine upgraded shares of Everi from a “hold” rating to a “buy” rating in a research report on Monday, July 2nd. Zacks Investment Research raised Everi from a “hold” rating to a “strong-buy” rating and set a $8.75 target price for the company in a report on Tuesday, July 10th. TheStreet raised Everi from a “d+” rating to a “c-” rating in a report on Monday, August 6th. Jefferies Financial Group raised their target price on Everi from $11.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, August 8th. Finally, Stifel Nicolaus initiated coverage on Everi in a report on Thursday, September 13th. They issued a “buy” rating and a $13.00 target price for the company. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Everi presently has an average rating of “Buy” and a consensus price target of $11.00.

In other Everi news, CAO Todd A. Valli sold 20,000 shares of the firm’s stock in a transaction on Friday, September 14th. The stock was sold at an average price of $9.34, for a total value of $186,800.00. Following the completion of the sale, the chief accounting officer now owns 21,708 shares of the company’s stock, valued at $202,752.72. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Edward Adam Peters sold 66,251 shares of the firm’s stock in a transaction on Friday, September 14th. The shares were sold at an average price of $9.06, for a total value of $600,234.06. Following the completion of the sale, the executive vice president now directly owns 60,388 shares of the company’s stock, valued at approximately $547,115.28. The disclosure for this sale can be found here. 6.00% of the stock is currently owned by company insiders.

Everi Company Profile

Everi Holdings Inc provides technology solutions for the casino gaming industry in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company operates in two segments, Games and Payments. It offers gaming products, such as classic mechanical reel games, video reel games, core HDX, Empire MPX and the Texan HDX, wide area progressive games, and slot tournament systems; and sells player terminals, licenses, back office systems, and other related equipment.

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Earnings History for Everi (NYSE:EVRI)

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