DoubleDown Interactive Co Ltd reports results for the quarter ended in December - Earnings Summary

DoubleDown Interactive

14/02/2024 04:02

* DoubleDown Interactive Co Ltd  DDI.OQ  reported quarterly
adjusted earnings of 51 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of $1.52.  The mean expectation of
three analysts for the quarter was for earnings of 52 cents per
share. 
    * Revenue rose 9.1% to $83.10 million from a year ago;
analysts
expected $76.43 million. 
    * DoubleDown Interactive Co Ltd's reported EPS for the
quarter was
51 cents​.
    * The company reported quarterly net income of $25.5
million.
    * DoubleDown Interactive Co Ltd shares had risen by 44.8%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the casinos &
gaming
peer group is also "buy"

Wall Street's median 12-month price target for DoubleDown
Interactive Co Ltd is $15.00 
This summary was machine generated from LSEG data February 14 at
04:01 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.52           0.51           Missed
 Sep. 30 2023      0.48           0.54           Beat
 Jun. 30 2023      0.41           0.49           Beat
 Mar. 31 2023      0.38           0.48           Beat