Inspired Entertainment (INSE) Scheduled to Post Earnings on Thursday

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

Inspired Entertainment (NASDAQ:INSE) last released its quarterly 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). The company had revenue of $75.60 million for the quarter, compared to the consensus estimate of $74.30 million. Inspired Entertainment had a negative return on equity of 6.47% and a negative net margin of 0.09%. 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 Price Performance

Shares of NASDAQ INSE traded up $0.13 during mid-day trading on Tuesday, reaching $9.85. 14,970 shares of the company traded hands, compared to its average volume of 105,604. Inspired Entertainment has a fifty-two week low of $6.12 and a fifty-two week high of $11.01. The stock has a fifty day simple moving average of $9.20 and a 200-day simple moving average of $8.99.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on INSE shares. Macquarie cut 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. Craig Hallum upgraded shares of Inspired Entertainment to a “strong-buy” rating in a research report on Thursday, October 17th.

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.