Will Rush Street Interactive (RSI) Gain on Rising Earnings Estimates? [Yahoo! Finance]
Rush Street Interactive, Inc. Class A (RSI)
Company Research
Source: Yahoo! Finance
The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Rush Street Interactive, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. The company i
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RSI
Earnings
- 10/30/24 - Beat
RSI
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- RSI's page on the SEC website