Noble Financial Issues Negative Forecast for CDRO Earnings

Codere Online Luxembourg, S.A. (NASDAQ:CDRO) – Noble Financial dropped their Q2 2025 earnings estimates for shares of Codere Online Luxembourg in a report released on Monday, May 19th. Noble Financial analyst M. Kupinski now expects that the company will post earnings of ($0.01) per share for the quarter, down from their previous estimate of $0.01. The consensus estimate for Codere Online Luxembourg’s current full-year earnings is ($0.05) per share. Noble Financial also issued estimates for Codere Online Luxembourg’s Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.15 EPS and FY2026 earnings at $0.53 EPS.

Codere Online Luxembourg Price Performance

CDRO opened at $7.64 on Tuesday. Codere Online Luxembourg has a 52-week low of $5.75 and a 52-week high of $8.76. The business’s fifty day moving average is $7.28 and its 200-day moving average is $7.22.

Institutional Trading of Codere Online Luxembourg

Several large investors have recently bought and sold shares of the business. FNY Investment Advisers LLC grew its holdings in Codere Online Luxembourg by 15.3% during the 1st quarter. FNY Investment Advisers LLC now owns 424,661 shares of the company’s stock worth $3,078,000 after acquiring an additional 56,484 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Codere Online Luxembourg during the fourth quarter worth about $364,000. Diametric Capital LP raised its position in shares of Codere Online Luxembourg by 183.3% during the fourth quarter. Diametric Capital LP now owns 38,743 shares of the company’s stock worth $250,000 after acquiring an additional 25,068 shares during the last quarter. Hood River Capital Management LLC raised its position in shares of Codere Online Luxembourg by 64.7% during the fourth quarter. Hood River Capital Management LLC now owns 25,596 shares of the company’s stock worth $165,000 after acquiring an additional 10,059 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Codere Online Luxembourg during the fourth quarter worth about $64,000. 10.30% of the stock is owned by institutional investors and hedge funds.

About Codere Online Luxembourg

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.