Lucky Strike Entertainment (NYSE:LUCK) Releases Earnings Results, Misses Expectations By $0.15 EPS

Lucky Strike Entertainment (NYSE:LUCK) released its quarterly earnings data on Thursday. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.15), Zacks reports. The firm had revenue of $303.95 million during the quarter, compared to analyst estimates of $311.30 million.

Lucky Strike Entertainment Stock Down 7.2%

NYSE:LUCK opened at $6.26 on Friday. The firm has a market capitalization of $854.69 million, a price-to-earnings ratio of -10.09 and a beta of 0.63. Lucky Strike Entertainment has a twelve month low of $5.52 and a twelve month high of $11.19. The stock’s 50 day moving average price is $7.12 and its two-hundred day moving average price is $7.82.

Lucky Strike Entertainment Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, September 8th. Lucky Strike Entertainment’s dividend payout ratio (DPR) is currently -38.71%.

Analysts Set New Price Targets

A number of research firms recently issued reports on LUCK. UBS Group cut Lucky Strike Entertainment to a “hold” rating and set a $6.50 target price for the company. in a research note on Thursday, May 7th. Stifel Nicolaus set a $9.00 price target on shares of Lucky Strike Entertainment in a research note on Thursday, May 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of Lucky Strike Entertainment in a report on Friday, July 31st. Citigroup started coverage on shares of Lucky Strike Entertainment in a research report on Monday, June 29th. They set a “market perform” rating for the company. Finally, Craig Hallum lowered shares of Lucky Strike Entertainment from a “buy” rating to a “hold” rating and set a $6.50 price objective on the stock. in a report on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $8.61.

Key Lucky Strike Entertainment News

Here are the key news stories impacting Lucky Strike Entertainment this week:

• Positive Sentiment: Management forecast fiscal 2027 revenue of approximately $1.28 billion to $1.31 billion and adjusted EBITDA of $340 million to $360 million, while reducing its capital-expenditure budget to $90 million. The outlook suggests potential for improved cash generation and more disciplined spending. Lucky Strike expects $340M-$360M adjusted EBITDA in fiscal 2027 as CapEx budget drops to $90M
• Positive Sentiment: The company declared a quarterly cash dividend of $0.06 per share, equivalent to $0.24 annualized and roughly a 3.8% yield based on the provided stock price. The dividend is payable September 22 to shareholders of record September 8. Lucky Strike Entertainment Reports Fourth Quarter and Full Year Results for Fiscal Year 2026
• Neutral Sentiment: Fiscal fourth-quarter revenue increased 0.9% year over year to $303.9 million, and the net loss narrowed to $26.2 million from $74.7 million. However, the company ended fiscal 2026 with a $35.8 million net loss versus a $10.0 million loss a year earlier. Lucky Strike Reports $303.9 Million Fourth-Quarter Revenue for Fiscal 2026
• Negative Sentiment: Fourth-quarter adjusted EBITDA fell to $74.1 million from $88.7 million, while same-store revenue declined 2.5%, indicating continued operating and consumer-demand challenges.
• Negative Sentiment: LUCK reported a quarterly loss of $0.20 per share, substantially worse than the $0.05 loss analysts expected, and revenue of $303.95 million versus the $311.30 million consensus estimate. The double miss is the primary reason investors are selling the shares. Lucky Strike Entertainment Reports Q4 Loss, Misses Revenue Estimates

Hedge Funds Weigh In On Lucky Strike Entertainment

Hedge funds and other institutional investors have recently made changes to their positions in the company. State of Wyoming bought a new stake in Lucky Strike Entertainment during the fourth quarter worth $74,000. Bank of America Corp DE bought a new position in shares of Lucky Strike Entertainment in the 2nd quarter valued at about $94,000. Jain Global LLC bought a new position in shares of Lucky Strike Entertainment in the 3rd quarter valued at about $121,000. Invesco Ltd. bought a new position in shares of Lucky Strike Entertainment in the 2nd quarter valued at about $114,000. Finally, XTX Topco Ltd acquired a new position in shares of Lucky Strike Entertainment during the 2nd quarter worth about $123,000. 68.11% of the stock is owned by institutional investors.

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. Shannon in 1997 and is headquartered in Mechanicsville, VA.