Equities exploration analysts assume that Genius Sports activities Limited (NYSE:GENI – Get Score) will publish profits of $78.05 million for the latest quarter, according to Zacks Investment Study. Two analysts have furnished estimates for Genius Sports’ earnings. The greatest profits estimate is $78.10 million and the most affordable is $78.00 million. Genius Sports reported revenue of $53.74 million in the very same quarter past 12 months, which signifies a favourable 12 months-above-year expansion fee of 45.2%. The company is scheduled to challenge its following quarterly earnings final results on Monday, January 1st.
According to Zacks, analysts assume that Genius Sporting activities will report comprehensive-calendar year income of $343.50 million for the present calendar year, with estimates ranging from $341.00 million to $346.00 million. For the future year, analysts forecast that the organization will report sales of $437.30 million, with estimates ranging from $437.00 million to $437.60 million. Zacks’ income averages are an regular dependent on a survey of offer-side exploration firms that adhere to Genius Athletics.
Genius Athletics (NYSE:GENI – Get Rating) past posted its earnings results on Friday, March 11th. The enterprise documented ($.28) earnings for each share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($.21) by ($.07). The enterprise had income of $84.00 million for the quarter, when compared to analyst estimates of $80.72 million. Genius Sports activities had a adverse return on equity of 52.87% and a detrimental web margin of 225.61%. The business’s quarterly earnings was up 78.7% on a yr-over-calendar year foundation.
Quite a few equities analysts have recently issued reviews on the enterprise. UBS Team diminished their target price tag on Genius Athletics from $9.00 to $5.00 and established a “neutral” rating for the firm in a analysis report on Thursday, March 17th. B. Riley lowered their rate goal on Genius Athletics from $17.00 to $13.00 in a analysis report on Monday, March 14th. Zacks Investment Investigation upgraded Genius Sports from a “hold” score to a “buy” score and established a $4.50 selling price aim for the corporation in a research report on Tuesday. Craig Hallum lessened their price tag goal on Genius Sporting activities from $22.00 to $17.00 in a investigation report on Monday, March 14th. Ultimately, Needham & Business LLC lowered their rate aim on Genius Sports from $13.00 to $9.00 and set a “buy” ranking for the company in a analysis report on Monday, March 14th. A single exploration analyst has rated the stock with a hold score and 9 have presented a acquire ranking to the firm. According to facts from MarketBeat.com, the inventory now has an regular score of “Buy” and a consensus value target of $15.65.
Genius Sporting activities stock opened at $3.98 on Thursday. The firm has a industry capitalization of $792.47 million, a P/E ratio of -.61 and a beta of 1.82. Genius Sports has a 1 calendar year reduced of $3.85 and a 1 12 months high of $25.18. The enterprise has a 50-day relocating normal of $5.06 and a 200-day transferring regular of $9.48.
Significant investors have not too long ago added to or reduced their stakes in the business. Exchange Traded Concepts LLC boosted its place in Genius Sports by 22.5% in the course of the 4th quarter. Trade Traded Concepts LLC now owns 709,842 shares of the company’s stock worthy of $5,395,000 after buying an additional 130,469 shares for the duration of the last quarter. Cookson Peirce & Co. Inc. acquired a new stake in shares of Genius Sports in the 3rd quarter valued at somewhere around $1,441,000. LPL Economical LLC boosted its holdings in shares of Genius Sports by 12.3% in the 3rd quarter. LPL Fiscal LLC now owns 69,112 shares of the company’s stock valued at $1,290,000 just after buying an extra 7,579 shares through the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Genius Sports activities in the 3rd quarter valued at around $2,543,000. Ultimately, AJ Wealth Procedures LLC acquired a new stake in shares of Genius Sporting activities in the 4th quarter valued at roughly $570,000. 45.38% of the stock is owned by hedge cash and other institutional investors.
Genius Athletics Business Profile (Get Score)
Genius Athletics Confined develops and sells know-how-led products and solutions and services to the sports, sports activities betting, and athletics media industries. It delivers technologies infrastructure for the selection, integration, and distribution of are living data of athletics leagues streaming methods comprising technology, automated manufacturing, and distribution for sports to commercialize online video footage of their game titles and conclusion-to-conclude integrity expert services to sports activities leagues, these kinds of as whole-time energetic monitoring technologies, which utilizes mathematical algorithms to recognize and flag suspicious betting action in global betting marketplaces, as properly as a full suite of on the web and offline instructional and consultancy companies.
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