Back to top

Image: Bigstock

What to Expect from Inspired Entertainment's (INSE) Q2 Earnings?

Read MoreHide Full Article

Inspired Entertainment, Inc. (INSE - Free Report) is scheduled to report its second-quarter 2023 results on Aug 9, before market open.

The company has an impressive earning surprise history, with earnings beating the Zacks Consensus Estimate in three of the four trailing quarters and missing on one instance. The company has an average earnings surprise of 28%.

Q2 Expectations

The Zacks Consensus Estimate for Inspired Entertainment’s revenues in the to-be-reported quarter is pegged at $83.93 million, indicating 17.7% year-over-year increase. The top line is likely to have benefited from the growing North American market and the various product and platform developments.

Inspired Entertainment, Inc. Price and EPS Surprise

 

Inspired Entertainment, Inc. Price and EPS Surprise

Inspired Entertainment, Inc. price-eps-surprise | Inspired Entertainment, Inc. Quote

 

The consensus estimate for the bottom line in the to-be-reported quarter stands at 24 cents per share, 7.7% lower than year-ago quarter figure. The increase in costs is likely to have weighed on the company’s bottom line.

What Our Model Says

Our proven model does not conclusively predict an earnings beat for INSE this time around. The combination of a positive Earnings ESPand a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

INSE has an Earnings ESP of -17.81% and a Zacks Rank # 4 (Sell).

Earnings Snapshot

Gartner(IT - Free Report) reported better-than-expected second-quarter 2023 results. Adjusted earnings per share (EPS) (excluding 37 cents from non-recurring items) of $2.85 beat the Zacks Consensus Estimate by 14.9% but matched the year-ago reported figure. Revenues of $1.5 billion beat the consensus estimate by 1% and improved 9.2% year over year on a reported basis and 10% on a foreign-currency-neutral basis. Total contract value was $4.6 billion, up 8.9% year over year on a foreign-currency-neutral basis.

Automatic Data(ADP - Free Report) reported better-than-expected fourth-quarter fiscal 2023 results. Adjusted EPS of $1.89 (excluding 1 cent from non-recurring items) beat the Zacks Consensus Estimate by 3.3% and grew 26% from the year-ago fiscal quarter’s figure.  Total revenues of $4.47 billion beat the consensus estimate by 1.8% and improved 8.5% from the year-ago fiscal quarter’s reading on a reported basis and 9% on an organic constant-currency basis.

TransUnion(TRU - Free Report) reported impressive second-quarter 2023 results wherein earnings and revenues beat the Zacks Consensus Estimate. Quarterly adjusted earnings of 86 cents per share (adjusting 58 cents from non-recurring items) surpassed the consensus mark by 3.6% but decreased 12.2% year over year. Total revenues of $968 million beat the consensus mark by 1% and increased 2.1% year over year on a reported basis. Revenues were up 3% on a constant-currency basis, mainly driven by strength in international markets.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

 

Published in