Inspired Entertainment (INSE) Set to Announce Quarterly Earnings on Friday

Inspired Entertainment (NASDAQ:INSE) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Inspired Entertainment (NASDAQ:INSE) last announced its quarterly earnings results on Tuesday, February 27th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $97.50 million during the quarter. Inspired Entertainment had a negative return on equity of 13.11% and a net margin of 2.25%. 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 1.6 %

INSE opened at $8.79 on Thursday. The business’s fifty day simple moving average is $9.23 and its 200 day simple moving average is $9.15. Inspired Entertainment has a 52 week low of $6.12 and a 52 week high of $16.01. The firm has a market cap of $233.46 million, a P/E ratio of 35.16 and a beta of 1.43.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Macquarie downgraded Inspired Entertainment from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $16.00 to $10.00 in a report on Wednesday, January 17th. B. Riley began coverage on Inspired Entertainment in a report on Friday, April 5th. They set a “buy” rating and a $21.00 price objective on the stock. Finally, JMP Securities reiterated a “market outperform” rating and issued a $15.00 target price on shares of Inspired Entertainment in a research report on Tuesday, April 16th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $16.25.

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.