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

Inspired Entertainment

27/02/2024 23:44

* Inspired Entertainment Inc  INSE.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of 35 cents.  The mean expectation of
five analysts for the quarter was for earnings of 38 cents per
share. Wall Street expected results to range from 32 cents to 44
cents per share.
    * Revenue fell 5.6% to $70.70 million from a year ago;
analysts
expected $93.81 million. 
    * Inspired Entertainment Inc's reported EPS for the quarter
was 12
cents​.
    * The company reported quarterly net income of $3.4 million.
    * Inspired Entertainment Inc shares had risen by 4.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $16.00 
This summary was machine generated from LSEG data February 27 at
11:43 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
 Sep. 30 2023      0.38           0.12           Missed
 Jun. 30 2023      0.24           0.14           Missed
 Mar. 31 2023      0.06           -0.01          Missed
 Dec. 31 2022      0.24           0.11           Missed