Gaming company Inspired (NASDAQ:INSE) will be reporting earnings this Wednesday before market hours. Here’s what investors should know.
Inspired beat analysts’ revenue expectations by 6.8% last quarter, reporting revenues of $80.3 million, up 7.4% year on year. It was a slower quarter for the company, with a significant miss of analysts’ adjusted operating income estimates and a significant miss of analysts’ EPS estimates.
Is Inspired a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Inspired’s revenue to grow 6.4% year on year to $82.98 million, a reversal from the 20% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.20 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Inspired has missed Wall Street’s revenue estimates three times over the last two years.
Looking at Inspired’s peers in the gaming solutions segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Rush Street Interactive delivered year-on-year revenue growth of 19.7%, beating analysts’ expectations by 4.3%, and PlayStudios reported a revenue decline of 19.1%, falling short of estimates by 3%. Rush Street Interactive traded down 6.8% following the results.
Read our full analysis of Rush Street Interactive’s results here and PlayStudios’s results here.
The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the gaming solutions stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.4% on average over the last month. Inspired is down 18.5% during the same time and is heading into earnings with an average analyst price target of $13.33 (compared to the current share price of $7.54).
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