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

Gambling.com Group (NASDAQ:GAMB) is set to release its earnings data before the market opens on Thursday, November 14th. Analysts expect Gambling.com Group to post earnings of $0.18 per share for the quarter. Gambling.com Group has set its FY 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Gambling.com Group (NASDAQ:GAMB) last released its earnings results on Thursday, August 15th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.07. Gambling.com Group had a return on equity of 22.98% and a net margin of 22.13%. The company had revenue of $30.54 million during 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 Down 0.1 %

NASDAQ GAMB opened at $10.32 on Wednesday. The stock’s 50 day moving average is $9.91 and its 200 day moving average is $9.13. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $384.14 million, a PE ratio of 15.42 and a beta of 0.86. Gambling.com Group has a twelve month low of $7.51 and a twelve month high of $13.85.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on GAMB. Craig Hallum increased their price target on shares of Gambling.com Group from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Truist Financial reaffirmed a “buy” rating and set a $13.00 target price (up previously from $12.00) on shares of Gambling.com Group in a research note on Friday, August 16th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $13.25.

Gambling.com Group Company Profile

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.