Gambling.com Group (GAMB) Set to Announce Quarterly Earnings on Thursday

Posted by Defense World Staff on May 9th, 2024

Gambling.com Group (NASDAQ:GAMB – Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 16th. Analysts expect the company to announce earnings of $0.15 per share for the quarter. Gambling.com Group has set its FY 2024 guidance at EPS.Parties interested in registering for the company’s conference call can do so using this link.

Gambling.com Group (NASDAQ:GAMB – Get Free Report) last released its quarterly earnings data on Thursday, March 21st. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.01). Gambling.com Group had a net margin of 16.81% and a return on equity of 24.50%. The firm had revenue of $32.53 million for the quarter, compared to analyst estimates of $27.63 million. On average, analysts expect Gambling.com Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gambling.com Group Stock Up 1.0 %

Shares of GAMB opened at $9.44 on Thursday. The company has a market capitalization of $351.36 million, a PE ratio of 19.85 and a beta of 0.92. Gambling.com Group has a 12 month low of $8.35 and a 12 month high of $14.83. The stock’s 50-day moving average price is $8.89 and its two-hundred day moving average price is $9.74. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.01.

Analysts Set New Price Targets

Separately, B. Riley assumed coverage on Gambling.com Group in a report on Friday, April 26th. They set a “buy” rating and a $14.50 target price on the stock. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $15.21.

Check Out Our Latest Stock Analysis on Gambling.com Group

About Gambling.com Group

(Get Free Report)

Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. It provides digital marketing services for the iGaming and social casino products. The company's focus is on online casino, online sports betting, and fantasy sports industry. It publishes various branded websites, including Gambling.com, Casinos.com, RotoWire.com, and Bookies.com.