Inspired Entertainment (INSE) to Release Quarterly Earnings on Thursday

Inspired Entertainment (NASDAQ:INSE) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Inspired Entertainment (NASDAQ:INSE) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.03). The business had revenue of $75.60 million during the quarter, compared to analyst estimates of $74.30 million. Inspired Entertainment had a negative net margin of 0.09% and a negative return on equity of 6.47%. During the same quarter last year, the firm posted $0.14 earnings per share. On average, analysts expect Inspired Entertainment to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Inspired Entertainment Stock Performance

Shares of INSE opened at $9.72 on Wednesday. The stock has a fifty day moving average of $9.22 and a two-hundred day moving average of $9.00. The company has a market capitalization of $258.31 million, a PE ratio of -972.00 and a beta of 1.40. Inspired Entertainment has a fifty-two week low of $6.12 and a fifty-two week high of $11.01.

Analysts Set New Price Targets

A number of analysts have recently commented on INSE shares. Craig Hallum upgraded Inspired Entertainment to a “strong-buy” rating in a report on Thursday, October 17th. Macquarie dropped their price objective on Inspired Entertainment from $11.00 to $10.00 and set a “neutral” rating for the company in a report on Friday, August 9th.

Inspired Entertainment Company Profile

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.