Inspired Entertainment Inc reports results for the quarter ended in March - Earnings Summary

Inspired Entertainment

11/05/2024 14:27

* Inspired Entertainment Inc  INSE.OQ  reported a quarterly
adjusted loss of 20 cents​​ per share for the quarter ended in
March, lower than the same quarter last year, when the company
reported EPS of -1 cents.  The mean expectation of five analysts
for the quarter was for earnings of 2 cents per share. Wall
Street expected results to range from -3 cents to 8 cents per
share.
    * Revenue fell 4.4% to $63.10 million from a year ago;
analysts
expected $64.36 million. 
    * Inspired Entertainment Inc's reported EPS for the quarter
was a
loss of 20 cents​.
    * The company reported a quarterly loss of $5.7 million.
    * Inspired Entertainment Inc shares had fallen by 4.3% this
quarter and lost 4.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 76.2%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for Inspired
Entertainment Inc is $15.00 
This summary was machine generated from LSEG data May 11 at
01:26 p.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
 Mar. 31 2024      0.02           -0.20          Missed
 Dec. 31 2023      0.13           0.00           Missed
 Sep. 30 2023      0.38           0.12           Missed
 Jun. 30 2023      0.24           0.14           Missed