Inspired Entertainment (INSE) Scheduled to Post Earnings on Thursday

Inspired Entertainment (NASDAQ:INSE) will be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect Inspired Entertainment to post earnings of $0.22 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Inspired Entertainment (NASDAQ:INSE) last issued its earnings results on Thursday, August 8th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). Inspired Entertainment had a negative net margin of 0.09% and a negative return on equity of 6.47%. The business had revenue of $75.60 million during the quarter, compared to analysts’ expectations of $74.30 million. During the same period in the prior year, the business posted $0.14 EPS. 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 Up 1.3 %

Inspired Entertainment stock traded up $0.13 during trading on Tuesday, reaching $9.85. 14,970 shares of the company’s stock were exchanged, compared to its average volume of 105,604. Inspired Entertainment has a 52-week low of $6.12 and a 52-week high of $11.01. The company’s 50-day moving average is $9.20 and its two-hundred day moving average is $8.99.

Wall Street Analyst Weigh In

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

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.