Grindr Inc expected to post earnings of 4 cents a share - Earnings Preview

Grindr

08/05/2024 03:01

* Grindr Inc  GRND.N   GRND.K  is expected to report
resultson May
9 for the period ending March 31 2024
    * The West Hollywood California-based  company is expected
to
report revenue of $72.7 million, according to the mean estimate
from 3 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Grindr Inc is for
earnings of
4 cents per share. 
    * 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 software peer
group
is also "Buy".​
    * Wall Street's median 12-month price target for Grindr Inc
is
$14.00​, above​ its last closing price of $10.57. ​​​

This summary was machine generated May 8 at 02:01 GMT.  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)