Noble Financial Issues Negative Outlook for Snail Earnings

Snail, Inc. (NASDAQ:SNAL) – Noble Financial lowered their Q4 2024 earnings estimates for shares of Snail in a research note issued on Thursday, November 14th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings of $0.07 per share for the quarter, down from their prior forecast of $0.15. The consensus estimate for Snail’s current full-year earnings is $0.24 per share.

Snail Stock Down 12.9 %

NASDAQ SNAL opened at $1.22 on Friday. The company has a 50-day simple moving average of $1.29 and a two-hundred day simple moving average of $1.00. Snail has a 12-month low of $0.52 and a 12-month high of $2.29. The firm has a market cap of $44.86 million, a price-to-earnings ratio of 13.56 and a beta of 0.82.

Snail (NASDAQ:SNAL) last released its earnings results on Tuesday, August 13th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.12). Snail had a net margin of 3.15% and a return on equity of 153.97%. The firm had revenue of $21.61 million during the quarter, compared to the consensus estimate of $27.80 million.

About Snail

Snail, Inc, together with its subsidiaries, researches, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. Snail, Inc was founded in 2009 and is headquartered in Culver City, California.