NeoGames SA reports results for the quarter ended in December - Earnings Summary

NeoGames SA

06/03/2024 23:36

* NeoGames SA  NGMS.OQ  reported a quarterly adjusted loss
of 18
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -2
cents.  The mean expectation of four analysts for the quarter
was for a loss of 7 cents per share. Wall Street expected
results to range from -10 cents to -1 cents per share.
    * Revenue fell 31% to $47.76 million from a year ago;
analysts
expected $54.54 million. 
    * NeoGames SA's reported EPS for the quarter was a loss
of 18
cents​.
    * The company reported a quarterly loss of $6.08 million.
    * NeoGames SA shares had risen by 0.1% 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 earnings estimate
revisions by analysts covering the company.

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

Wall Street's median 12-month price target for NeoGames SA is
$29.50 
This summary was machine generated from LSEG data March 6 at
11:36 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
 Dec. 31 2023      -0.07          -0.18          Missed
 Sep. 30 2023      -0.08          -0.10          Missed
 Jun. 30 2023      -0.06          -0.23          Missed
 Mar. 31 2023      0.01           -0.03          Missed