Post-earnings recap
Reported
Tue, Apr 28, 2026
EPS actual
$0.14
EPS est.
$0.08
EPS surprise
+75.00%
1-day move
-1.15%
Rush Street Interactive's earnings report shows a positive surprise in EPS, indicating better-than-expected profitability. However, the stock fell by 1.15% following the announcement, likely due to the lack of revenue data and forward guidance. Investors may be cautious as the company continues to navigate a competitive landscape without clear future projections.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.14 | $0.12 | +75.00% |
| Revenue | N/A | $331M | N/A |
Overall, management expressed confidence in their growth strategy despite not providing specific guidance. They emphasized the importance of maintaining user engagement.
Management highlighted strong user engagement and growth in key markets.
They noted ongoing investments in technology to enhance customer experience.
Rush Street Interactive, Inc. (RSI) operates in the consumer discretionary sector, focusing on online gaming and casinos. As the industry evolves with increasing digital engagement, RSI's performance is closely tied to consumer spending trends and regulatory developments in gaming.
Last quarter
In Q4-2025, RSI reported an EPS of $0.08, exceeding expectations and demonstrating strong performance. The stock reacted positively, gaining 5.68% the following day.
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+84.06%
Avg 1-day reaction
+0.93%
Analysts expect RSI to continue its trend of beating earnings estimates, with a consensus EPS of $0.12 for Q1-2026. Revenue is also anticipated to grow, reflecting ongoing consumer interest in online gaming.
Bull case
If RSI exceeds the EPS estimate, it could signal strong operational efficiency and market demand, potentially driving the stock higher.
Bear case
Conversely, if RSI fails to meet expectations, it may raise concerns about its growth prospects and competitive positioning, leading to a negative market reaction.
Key metrics to watch
Earnings Per Share (EPS)
$0.12EPS is a key indicator of profitability and will show how well RSI is managing costs and generating income.
Revenue
$331MRevenue growth reflects the company's ability to attract and retain customers in a competitive market.
The print will turn on these.
Q1
Will RSI's EPS exceed the consensus estimate of $0.12?
A beat on EPS would reinforce the company's operational strength and could lead to a positive stock reaction.
Q2
How does RSI's revenue compare to the consensus of $331M?
Revenue performance is crucial for assessing growth and market demand, impacting investor confidence.
—
Est. EPS
$1.52
Est. Rev
$3.6B
Impl. Move
±39.2%
Why consensus could be wrong
The consensus may underestimate RSI's ability to capitalize on the growing online gaming market, particularly if new customer acquisition strategies are effective.
Supporting evidence
RSI has consistently beaten EPS estimates in the past, suggesting a potential for continued strong performance.
Options pricing indicates a significant move, reflecting investor sentiment that may not align with consensus expectations.
Key risk
If RSI's revenue growth exceeds $349M, it could challenge the current bearish outlook.
Pre-commit to what would confirm each case.
The market is debating whether RSI can sustain its growth trajectory amid increasing competition and changing consumer preferences.
Bull confirmed if
An EPS of $0.13 or higher would confirm strong operational performance and investor confidence.
Bear confirmed if
An EPS below $0.10 would raise concerns about profitability and growth potential.
What the market is pricing for the move.
Implied Move
±14.87%
Historical Avg
±2.4%
The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement.
Options are pricing ±14.9% while RSI has averaged ±2.4% over the last 8 prints — setup is pricing rich.
ATM IV
0.9%
30d HV
35.9%
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$29,025.00
1,500 sh
1 insider
Sold
$4.0M
201,332 sh
3 insiders
Net
$4.0M
Net selling
Most Active Insiders· 6 open-market trades
$3.1M
Net selling
Smart-money positioning from the most recent 13F filings.
Institutional
110.73%
of float
Insider
2.62%
of float
Holders
404
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
15,078,522 sh · $305.2M
13.04%
81.1%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If RSI beats expectations, history suggests the stock could rise by around 1.14%, confirming strong demand and operational efficiency.
In line / cautious
If results are in line with expectations, the stock may experience muted movement as investors await further guidance.
Miss
A miss could lead to a decline of around 2.31%, indicating potential concerns about the company's growth prospects.
The lines on the call that would change the story.
$467,130.00
Net selling
$397,498.00
Net selling
$29,025.00
Net buying
Recent Transactions
Oct 1, 2026 · @ $19.88
55,555 sh
$1.1M
Oct 1, 2026 · @ $19.88
55,555 sh
$1.1M
Oct 1, 2026 · @ $19.88
47,222 sh
$938,631.69
Oct 5, 2026 · @ $20.31
23,000 sh
$467,130.00
Oct 1, 2026 · @ $19.87
20,000 sh
$397,498.00
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.
Vanguard Portfolio Management LLC
5,609,148 sh · $113.5M
4.85%
27.9%
Divisadero Street Capital Management, LP
5,425,402 sh · $109.8M
4.69%
-15.6%
Ameriprise Financial, Inc.
5,014,887 sh · $101.5M
4.34%
15.3%
Hood River Capital Management LLC
4,454,433 sh · $90.2M
3.85%
22.0%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.