
Entertainment venue operator Lucky Strike (NYSE: LUCK) will be reporting results this Wednesday afternoon. Here’s what to expect.
Lucky Strike beat analysts’ revenue expectations by 3.3% last quarter, reporting revenues of $292.3 million, up 12.3% year on year. It was a strong quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.
Is Lucky Strike a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Lucky Strike’s revenue to grow 4.4% year on year to $313.2 million, a reversal from the 1.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.03 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lucky Strike has missed Wall Street’s revenue estimates three times over the last two years.
Looking at Lucky Strike’s peers in the consumer discretionary segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Apple delivered year-on-year revenue growth of 15.7%, beating analysts’ expectations by 4.1%, and Deckers reported revenues up 7.1%, topping estimates by 4.7%. Apple’s stock price was unchanged after the resultswhile Deckers was up 19.2%.
Read our full analysis of Apple’s results here and Deckers’s results here.
Investors in the consumer discretionary segment have had steady hands going into earnings, with share prices flat over the last month. Lucky Strike is down 8.4% during the same time and is heading into earnings with an average analyst price target of $13.35 (compared to the current share price of $8.10).
Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.


