Equities analysts expect Inspired Entertainment Inc (NASDAQ:INSE) to post ($0.08) earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Inspired Entertainment’s earnings, with the lowest EPS estimate coming in at ($0.12) and the highest estimate coming in at ($0.03). Inspired Entertainment reported earnings per share of ($0.02) during the same quarter last year, which suggests a negative year-over-year growth rate of 300%. The company is scheduled to report its next quarterly earnings report on Wednesday, May 8th.

According to Zacks, analysts expect that Inspired Entertainment will report full year earnings of ($0.65) per share for the current year, with EPS estimates ranging from ($0.69) to ($0.61). For the next year, analysts anticipate that the company will post earnings of ($0.11) per share. Zacks’ EPS calculations are an average based on a survey of research firms that cover Inspired Entertainment.

Inspired Entertainment (NASDAQ:INSE) last announced its earnings results on Monday, February 11th. The company reported ($0.23) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by ($0.10). The company had revenue of $30.73 million during the quarter, compared to analysts’ expectations of $33.46 million.

Separately, ValuEngine upgraded Inspired Entertainment from a “hold” rating to a “buy” rating in a research note on Thursday, January 24th.

INSE stock traded up $0.11 on Friday, hitting $7.12. 3,534 shares of the company’s stock were exchanged, compared to its average volume of 18,281. Inspired Entertainment has a 12-month low of $3.86 and a 12-month high of $8.15. The company has a market cap of $153.04 million, a price-to-earnings ratio of -11.48 and a beta of 1.10.

In other Inspired Entertainment news, major shareholder Vitruvian Partners Llp sold 500,000 shares of the business’s stock in a transaction dated Friday, February 8th. The stock was sold at an average price of $6.70, for a total transaction of $3,350,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 21.76% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of INSE. Royce & Associates LP purchased a new stake in Inspired Entertainment during the 4th quarter valued at about $240,000. Gabelli Funds LLC grew its stake in Inspired Entertainment by 15.4% during the 4th quarter. Gabelli Funds LLC now owns 69,233 shares of the company’s stock valued at $332,000 after purchasing an additional 9,233 shares during the last quarter. Renaissance Technologies LLC grew its stake in Inspired Entertainment by 60.7% during the 3rd quarter. Renaissance Technologies LLC now owns 61,300 shares of the company’s stock valued at $374,000 after purchasing an additional 23,158 shares during the last quarter. Penn Capital Management Co. Inc. grew its stake in Inspired Entertainment by 4.4% during the 4th quarter. Penn Capital Management Co. Inc. now owns 109,560 shares of the company’s stock valued at $526,000 after purchasing an additional 4,650 shares during the last quarter. Finally, Teton Advisors Inc. grew its stake in Inspired Entertainment by 10.7% during the 4th quarter. Teton Advisors Inc. now owns 292,878 shares of the company’s stock valued at $1,406,000 after purchasing an additional 28,238 shares during the last quarter. Institutional investors and hedge funds own 75.18% of the company’s stock.

Inspired Entertainment Company Profile

Inspired Entertainment, Inc, a business-to-business gaming technology company, supplies virtual sports and server based gaming worldwide. It designs, develops, markets, and distributes a portfolio of games through its digital network architecture to betting offices, casinos, gaming hall and bingo operators, and regulated operators of lotteries, as well as government affiliated and licensed operators.

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