Streetbeat News

CDRO

Codere Online Luxembourg, S.A.

https://www.codereonline.com

Industry

Gambling, Resorts & Casinos

Codere Online Luxembourg, S.A. operates as an online casino gaming and sports betting company. The company also offers online casino wagering products and services. It primarily operates in Spain, Italy, Mexico, Colombia, Panama, and Argentina. The company is based in Luxembourg, Luxembourg.

Open

7.45

Mkt cap

340M

Volume

26K

High

7.59

P/E Ratio

-10.27

52-wk high

8.76

Low

7.41

Div yield

N/A

52-wk low

2.90

Four consumer discretionary stocks, Codere Online Luxembourg (CDRO), Ralph Lauren Corporation (RL), Trip.com Group Limited (TCOM), and Tapestry, Inc. (TPR), are considered overbought as of Feb. 23, 2024, based on their RSI values. These stocks have shown significant price increases recently, with CDRO planning to release financial results on Feb. 29, 2024, RL and TPR reporting better-than-expected earnings, and TCOM announcing strong Q4 results.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 1:21 pm

In Thursday's intraday session, several consumer discretionary stocks showed significant movement. Fitell, GigaCloud Tech, Golden Heaven Group Holdings, Codere Online Luxembourg, Installed Building Products, and Jumia Technologies were among the gainers, with increases ranging from 10.73% to 30.1%. On the downside, Rivian Automotive, Lucid Group, BowFlex, Standard Motor Products, Yunji, and REE Automotive experienced declines between 10.97% and 25.4%. Notably, earnings reports influenced some of these movements.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 5:31 pm

In Friday's intraday session, several consumer discretionary stocks experienced significant movements. Kirkland's (KIRK) saw a 13.5% increase, while iRobot (IRBT) faced a steep decline of 28.2%. Other notable gainers included Allied Gaming (AGAE), Codere Online Luxembourg (CDRO), Lanvin Group Hldgs (LANV), Wayfair (W), and Hall Of Fame Resort (HOFV). On the losing side, in addition to iRobot, were Singing Machine Co (MICS), Polished.com (POL), Mullen Automotive (MULN), Vision Marine (VMAR), and JX Luxventure (JXJT). Vision Marine's drop followed their Q1 earnings release three days prior.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:31 pm

Codere Online has raised its 2023 net gaming revenue forecast to €155M-€165M. This update suggests a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:40 pm

Codere Online reported a total revenue of €41.1 million for Q3, marking a 42% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:38 pm

Numerous companies are scheduled to report their earnings on November 15, 2023. The list includes a mix of projections for both profits and losses. Notable companies reporting before the bell include TJX Companies, Target, and JD.com, with TJX and Target expected to report significant revenues. After the bell, investors will look out for earnings from Cisco Systems, Palo Alto Networks, and Copa Holdings, among others. The earnings reports will provide investors with insights into the companies' financial health and could influence stock prices in the short term.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 12:30 pm

During Thursday's intraday session, several consumer discretionary stocks experienced significant movement. Mullen Automotive, Yoshitsu Co, Singing Machine Co, REE Automotive, Sonic Automotive, and Codere Online Luxembourg saw gains, while SunCar Tech Gr, Visionary Education Tech, Gentherm, Whirlpool, Studio City Intl Hldgs, and MGO Global experienced losses. Q3 earnings were released for Sonic Automotive, Gentherm, and Whirlpool.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:31 pm

Codere Online Luxembourg (NASDAQ:CDRO) reported Q2 sales of $40.27 million, beating the analyst consensus estimate of $35.76 million by 12.61 percent. This represents a 37.90 percent increase over sales of $29.20 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 11:04 am

Codere Online Luxembourg (NASDAQ:CDRO) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $-0.17. The company's past performance shows a mixed trend in price changes post-earnings release. The stock was trading at $3.18 as of August 28, with a 52-week return of 7.8%.

Portfolio Pulse from Benzinga Insights

August 30, 2023 | 5:00 pm

US stocks traded lower with Dow Jones dropping over 100 points. Winnebago Industries reported better-than-expected Q3 earnings but missed sales estimates. Consumer discretionary shares rose 0.7%, while energy shares dipped by 2.4%.

Portfolio Pulse from Lisa Levin

June 21, 2023 | 1:42 pm

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