Inspired Entertainment (NASDAQ:INSE) Posts Earnings Results, Misses Estimates By $0.13 EPS

Inspired Entertainment (NASDAQ:INSE) released its quarterly earnings data on Monday. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.13), RTT News reports. The business had revenue of $83.00 million during the quarter, compared to analysts’ expectations of $79.19 million. Inspired Entertainment had a negative net margin of 0.10% and a negative return on equity of 6.35%.

Inspired Entertainment Stock Performance

Inspired Entertainment stock opened at $9.17 on Tuesday. The stock has a fifty day moving average of $9.81 and a two-hundred day moving average of $9.52. The company has a market capitalization of $243.72 million, a price-to-earnings ratio of -916.08 and a beta of 1.38. Inspired Entertainment has a fifty-two week low of $7.51 and a fifty-two week high of $11.61.

Analysts Set New Price Targets

A number of research analysts recently issued reports on INSE shares. JMP Securities restated a “market outperform” rating and set a $14.00 price target on shares of Inspired Entertainment in a research note on Friday. New Street Research set a $21.00 price target on Inspired Entertainment in a research note on Friday. Finally, Truist Financial set a $19.00 price objective on Inspired Entertainment in a research report on Friday.

Inspired Entertainment Company Profile

Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.