Inspired Entertainment (INSE) Scheduled to Post Quarterly Earnings on Thursday

Inspired Entertainment (NASDAQ:INSE) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect Inspired Entertainment to post earnings of $0.22 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Inspired Entertainment (NASDAQ:INSE) last posted its earnings results on Thursday, August 8th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). Inspired Entertainment had a negative return on equity of 6.47% and a negative net margin of 0.09%. The business had revenue of $75.60 million during the quarter, compared to the consensus estimate of $74.30 million. During the same quarter last year, the firm earned $0.14 earnings per share. On average, analysts expect Inspired Entertainment to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Inspired Entertainment Stock Up 3.6 %

Inspired Entertainment stock opened at $9.50 on Thursday. Inspired Entertainment has a twelve month low of $6.12 and a twelve month high of $11.01. The company’s 50-day moving average price is $9.14 and its 200-day moving average price is $8.98. The company has a market cap of $252.42 million, a PE ratio of 158.67 and a beta of 1.40.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Craig Hallum raised shares of Inspired Entertainment to a “strong-buy” rating in a research note on Thursday, October 17th. Macquarie dropped their price target on shares of Inspired Entertainment from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Friday, August 9th.

About Inspired Entertainment

Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.