Glu Mobile Inc. is set to report first-quarter 2019 results on May 6.
Notably, the company’s earnings missed the Zacks Consensus Estimate in three of the trailing four quarters and beat estimates in the remaining quarter, the average negative surprise being 26.79%.
In the last reported quarter, Glu Mobile’s daily active users (DAUs) were 3.2 million, down 15.8% from the year-ago period. The Zacks Consensus Estimate for DAUs is pegged at 3.3 million for first-quarter 2019.
Monthly active users (MAUs) were down 26.2% from the year-ago period to 21.1 million in fourth-quarter 2018.
Glu Mobile Inc. Price and EPS Surprise
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Glu Mobile Inc. is set to report first-quarter 2019 results on May 6.
Notably, the company’s earnings missed the Zacks Consensus Estimate in three of the trailing four quarters and beat estimates in the remaining quarter, the average negative surprise being 26.79%.
In the last reported quarter, Glu Mobile’s daily active users (DAUs) were 3.2 million, down 15.8% from the year-ago period. The Zacks Consensus Estimate for DAUs is pegged at 3.3 million for first-quarter 2019.
Monthly active users (MAUs) were down 26.2% from the year-ago period to 21.1 million in fourth-quarter 2018.
Glu Mobile Inc. Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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