DoubleDown Interactive DDI will release its quarterly earnings report on Monday, 2024-11-11. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate DoubleDown Interactive to report an earnings per share (EPS) of $0.55.
Investors in DoubleDown Interactive are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings History Snapshot
During the last quarter, the company reported an EPS beat by $0.18, leading to a 1.0% drop in the share price on the subsequent day.
Here's a look at DoubleDown Interactive's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.49 | 0.48 | 0.52 | 0.44 |
| EPS Actual | 0.67 | 0.61 | 0.51 | 0.54 |
| Price Change % | -1.0% | 9.0% | 12.0% | -1.0% |
Market Performance of DoubleDown Interactive's Stock
Shares of DoubleDown Interactive were trading at $16.0 as of November 01. Over the last 52-week period, shares are up 78.97%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for DoubleDown Interactive visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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