DoubleDown Interactive (DDI) Scheduled to Post Quarterly Earnings on Monday

DoubleDown Interactive (NASDAQ:DDI) will be issuing its quarterly earnings data after the market closes on Monday, November 11th. Analysts expect the company to announce earnings of $0.55 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

DoubleDown Interactive (NASDAQ:DDI) last issued its quarterly earnings results on Monday, August 12th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.19. DoubleDown Interactive had a net margin of 34.85% and a return on equity of 15.62%. The company had revenue of $88.24 million for the quarter, compared to analyst estimates of $83.87 million. During the same quarter in the previous year, the business earned $0.49 earnings per share. On average, analysts expect DoubleDown Interactive to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

DoubleDown Interactive Price Performance

Shares of NASDAQ DDI opened at $16.50 on Friday. DoubleDown Interactive has a twelve month low of $7.16 and a twelve month high of $16.75. The firm has a fifty day simple moving average of $14.38 and a 200 day simple moving average of $13.01. The company has a market capitalization of $817.58 million, a PE ratio of 7.08 and a beta of 0.88. The company has a quick ratio of 18.68, a current ratio of 18.68 and a debt-to-equity ratio of 0.05.

Wall Street Analyst Weigh In

Several research firms have recently commented on DDI. B. Riley boosted their target price on shares of DoubleDown Interactive from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Tuesday, August 13th. Northland Securities boosted their price target on shares of DoubleDown Interactive from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Tuesday, August 13th. Finally, Wedbush boosted their price target on shares of DoubleDown Interactive from $14.75 to $16.25 and gave the stock an “outperform” rating in a report on Tuesday, August 13th.

DoubleDown Interactive Company Profile

DoubleDown Interactive Co, Ltd. engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and cash me out games, as well as sells in-game virtual chips.