Analysts predict that Inspired Entertainment Inc (NASDAQ:INSE) will report earnings of ($0.40) per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Inspired Entertainment’s earnings. The highest EPS estimate is ($0.27) and the lowest is ($0.52). Inspired Entertainment reported earnings per share of ($0.23) in the same quarter last year, which would suggest a negative year-over-year growth rate of 73.9%. The company is expected to issue its next earnings report on Monday, January 1st.
On average, analysts expect that Inspired Entertainment will report full-year earnings of ($1.51) per share for the current financial year, with EPS estimates ranging from ($1.63) to ($1.38). For the next financial year, analysts anticipate that the firm will report earnings of ($0.88) per share, with EPS estimates ranging from ($1.47) to ($0.28). Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Inspired Entertainment.
Inspired Entertainment (NASDAQ:INSE) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.38) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.26) by ($0.12). The business had revenue of $26.60 million for the quarter, compared to the consensus estimate of $27.67 million.
Several hedge funds and other institutional investors have recently bought and sold shares of INSE. BlackRock Inc. grew its position in shares of Inspired Entertainment by 525.8% in the 2nd quarter. BlackRock Inc. now owns 515,300 shares of the company’s stock valued at $4,349,000 after buying an additional 432,956 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new position in Inspired Entertainment during the 2nd quarter worth $211,000. Vanguard Group Inc. grew its position in Inspired Entertainment by 11.9% during the 2nd quarter. Vanguard Group Inc. now owns 228,021 shares of the company’s stock worth $1,924,000 after purchasing an additional 24,257 shares during the last quarter. Hancock Whitney Corp purchased a new position in Inspired Entertainment during the 3rd quarter worth $163,000. Finally, Bank of New York Mellon Corp purchased a new position in Inspired Entertainment during the 2nd quarter worth $180,000. 77.07% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NASDAQ:INSE traded down $0.02 during trading hours on Friday, reaching $6.20. The stock had a trading volume of 17,853 shares, compared to its average volume of 8,483. Inspired Entertainment has a 1 year low of $5.51 and a 1 year high of $9.70. The firm’s 50 day moving average is $6.88 and its 200-day moving average is $7.35. The stock has a market capitalization of $147.40 million, a price-to-earnings ratio of -10.00 and a beta of 1.24.
Inspired Entertainment Company Profile
Inspired Entertainment, Inc, a business-to-business gaming technology company, supplies virtual sports and server based gaming worldwide. It designs, develops, markets, and distributes a portfolio of games through its digital network architecture to betting offices, casinos, gaming hall and bingo operators, and regulated operators of lotteries, as well as government affiliated and licensed operators.
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