Gambling.com Group (GAMB) Scheduled to Post Earnings on Thursday

Gambling.com Group (NASDAQ:GAMB) is set to issue its quarterly earnings data before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of $0.18 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) last announced its quarterly earnings results on Thursday, August 15th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.07. Gambling.com Group had a net margin of 22.13% and a return on equity of 22.98%. The company had revenue of $30.54 million for the quarter, compared to analysts’ expectations of $27.11 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 Trading Up 3.1 %

GAMB stock opened at $9.94 on Thursday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.17. Gambling.com Group has a twelve month low of $7.51 and a twelve month high of $13.85. The stock has a market capitalization of $369.97 million, a price-to-earnings ratio of 14.66 and a beta of 0.86. The firm’s fifty day simple moving average is $9.91 and its two-hundred day simple moving average is $9.09.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Craig Hallum boosted their price objective on shares of Gambling.com Group from $12.00 to $14.00 and gave the company a “buy” rating in a research report on Friday, August 16th. Truist Financial restated a “buy” rating and issued a $13.00 price target (up from $12.00) on shares of Gambling.com Group in a report on Friday, August 16th. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $13.25.

About Gambling.com Group

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.