2 Entertainment Stocks Heading in Different Directions After Earnings
Rick’s Cabaret International Inc. (NASDAQ:RICK) delivered a profit and beat Wall Street’s expectations, but missed the revenue expectation slightly. Adjusted Earnings Per Share increased 86.67% to $0.28 in the quarter versus EPS of $0.23 in the year-earlier quarter. Revenue rose 23.25% to $27.14 million from the year-earlier quarter.
Rick’s Cabaret International Inc. reported adjusted EPS income of $0.28 per share. By that measure, the company beat the mean analyst estimate of $0.27. It missed the average revenue estimate of $27.22 million.