DoubleDown Interactive (NASDAQ:DDI – Get Rating) will post its quarterly earnings results after the market closes on Wednesday, May 10th. Analysts expect DoubleDown Interactive to post earnings of $0.35 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
DoubleDown Interactive (NASDAQ:DDI – Get Rating) last posted its earnings results on Tuesday, February 7th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. DoubleDown Interactive had a positive return on equity of 2.90% and a negative net margin of 72.88%. The company had revenue of $76.17 million during the quarter, compared to the consensus estimate of $75.64 million. On average, analysts expect DoubleDown Interactive to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
DoubleDown Interactive Stock Down 2.3 %
Shares of NASDAQ DDI opened at $8.29 on Tuesday. DoubleDown Interactive has a 52 week low of $7.41 and a 52 week high of $12.59. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.69 and a current ratio of 2.69. The stock’s fifty day moving average is $8.26 and its 200 day moving average is $9.02. The stock has a market capitalization of $410.77 million, a P/E ratio of -1.76 and a beta of 0.52.
Institutional Trading of DoubleDown Interactive
Analyst Ratings Changes
Separately, Wedbush initiated coverage on DoubleDown Interactive in a research report on Monday, April 24th. They issued an “outperform” rating and a $12.25 target price on the stock.
DoubleDown Interactive Company Profile
DoubleDown Interactive Co, Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and Undead World: Hero Survival games. Its games are primarily distributed, marketed, and promoted through third party platform providers.
- Get a free copy of the StockNews.com research report on DoubleDown Interactive (DDI)
- Is the Electric Vehicle Movement Losing Steam?
- 3 High-Yield Banks Insiders Are Buying
- Will ChatGPT Be the Final Nail in the Coffin for Chegg?
- Is the Market Reacting Too Negatively to Pinterest Earnings?
- More Analysts Should See Energizer Holdings As A Buy: Here Is Why
Receive News & Ratings for DoubleDown Interactive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleDown Interactive and related companies with MarketBeat.com's FREE daily email newsletter.