A Preview Of DoubleDown Interactive's Earnings
Portfolio Pulse from Benzinga Insights
DoubleDown Interactive (NASDAQ:DDI) is scheduled to release its quarterly earnings report on February 13, 2024, with an estimated EPS of $0.52. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with share prices fluctuating post-announcement. Currently, DDI's shares are trading at $9.02, marking a 2.65% decline over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
February 12, 2024 | 4:02 pm
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DoubleDown Interactive is anticipated to report an EPS of $0.52 for the upcoming quarter. Historical performance shows variable stock price reactions post-earnings, with a recent downtrend indicating bearish sentiment.
Given the mixed historical price reactions to DoubleDown Interactive's earnings reports and the current bearish sentiment indicated by a 2.65% decline over the last year, the short-term impact on DDI's stock price is uncertain. The market's response will likely hinge on whether the company can beat the EPS estimate and provide positive future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100