Inspired Entertainment (NASDAQ:INSE) Releases Quarterly Earnings Results, Misses Estimates By $0.13 EPS

Inspired Entertainment (NASDAQ:INSE) released its quarterly earnings data on Monday. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.13), RTT News reports. Inspired Entertainment had a negative return on equity of 6.35% and a negative net margin of 0.10%. The business had revenue of $83.00 million during the quarter, compared to the consensus estimate of $79.19 million.

Inspired Entertainment Stock Down 5.3 %

INSE stock opened at $8.69 on Tuesday. Inspired Entertainment has a twelve month low of $7.51 and a twelve month high of $11.61. The stock has a market cap of $230.83 million, a P/E ratio of -867.63 and a beta of 1.38. The business’s 50-day moving average price is $9.81 and its 200-day moving average price is $9.52.

Wall Street Analysts Forecast Growth

INSE has been the subject of several research analyst reports. New Street Research set a $21.00 price objective on Inspired Entertainment in a report on Friday. Truist Financial set a $19.00 price objective on Inspired Entertainment in a report on Friday. Finally, JMP Securities reiterated a “market outperform” rating and issued a $14.00 price objective on shares of Inspired Entertainment in a report on Friday.

About Inspired Entertainment

Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.