NYSE:RSIHospitality
Rush Street Interactive (RSI) Turns Profitable, Challenging Valuation Concerns in Light of High P/E Ratio
Rush Street Interactive (RSI) has posted a notable turnaround over the past year, swinging to profitability with net profit margins turning positive and annual earnings climbing at a pace of 15.2% per year over the last five years. Looking ahead, current forecasts call for earnings to grow by 5.3% per year, which is below the broader US market's 15.7% pace. Revenue growth is expected to reach 14.3% annually compared to 10.3% for the market. Against this earnings momentum, investors are...