Pinstripes (PNST) to Release Quarterly Earnings on Tuesday

Pinstripes (NYSE:PNST) will announce its earnings results after the market closes on Tuesday, November 26th. Analysts expect the company to announce earnings of ($0.20) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Pinstripes (NYSE:PNST) last issued its earnings results on Wednesday, September 4th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.12). The firm had revenue of $30.60 million for the quarter, compared to analysts’ expectations of $34.45 million. On average, analysts expect Pinstripes to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Pinstripes Stock Down 2.9 %

Shares of NYSE:PNST opened at $0.85 on Monday. The firm’s 50 day simple moving average is $0.78 and its 200-day simple moving average is $1.83. Pinstripes has a one year low of $0.56 and a one year high of $16.00.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Oppenheimer lowered their target price on Pinstripes from $6.00 to $5.00 and set an “outperform” rating for the company in a report on Thursday, September 5th. BTIG Research decreased their price objective on Pinstripes from $6.00 to $4.00 and set a “buy” rating for the company in a research note on Thursday, September 5th.

About Pinstripes

Pinstripes Holdings Inc operates a dining and entertainment concept restaurants. The company provides Italian-American food and beverage menu with bowling, bocce, and event space. It also offers private event options and catering services. The company is based in Northbrook, Illinois.