Codere Online Luxembourg, S.A. to Post FY2024 Earnings of $0.16 Per Share, Noble Financial Forecasts (NASDAQ:CDRO)

Codere Online Luxembourg, S.A. (NASDAQ:CDROFree Report) – Analysts at Noble Financial lifted their FY2024 earnings per share estimates for Codere Online Luxembourg in a report released on Tuesday, May 21st. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings per share of $0.16 for the year, up from their prior estimate of $0.05. The consensus estimate for Codere Online Luxembourg’s current full-year earnings is $0.09 per share. Noble Financial also issued estimates for Codere Online Luxembourg’s FY2025 earnings at $0.25 EPS.

Separately, Stifel Nicolaus boosted their price target on Codere Online Luxembourg from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Thursday, May 16th.

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Codere Online Luxembourg Stock Down 0.9 %

CDRO stock opened at $7.86 on Thursday. The business has a 50-day simple moving average of $7.07 and a 200 day simple moving average of $5.13. Codere Online Luxembourg has a 52 week low of $2.68 and a 52 week high of $8.50.

About Codere Online Luxembourg

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Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.

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