Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Issues Quarterly Earnings Results, Beats Estimates By $0.39 EPS

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) posted its quarterly earnings results on Monday. The company reported ($2.41) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.80) by $0.39, Zacks reports. The business had revenue of $4.70 million for the quarter. Hall of Fame Resort & Entertainment had a negative return on equity of 45.50% and a negative net margin of 256.43%. During the same quarter in the prior year, the business earned ($2.39) EPS.

Hall of Fame Resort & Entertainment Price Performance

Shares of HOFV traded down $0.06 during midday trading on Tuesday, hitting $2.33. The stock had a trading volume of 17,411 shares, compared to its average volume of 20,154. The company has a 50 day simple moving average of $2.86 and a two-hundred day simple moving average of $3.13. The firm has a market cap of $15.21 million, a price-to-earnings ratio of -0.22 and a beta of 1.92. Hall of Fame Resort & Entertainment has a twelve month low of $2.00 and a twelve month high of $8.90.

About Hall of Fame Resort & Entertainment

Hall of Fame Resort & Entertainment Company, a resort and entertainment company, doing business as the Pro Football Hall of Fame. It owns the DoubleTree by Hilton located in downtown Canton, and the Hall of Fame Village, which is a multi-use sports, entertainment, and media destination. The company is headquartered in Canton, Ohio.