NeoGames S.A. reported $46.34 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 25.5%. EPS of $0.13 for the same period compares to $0.10 a year ago.
The reported revenue represents a surprise of -14.15% over the Zacks Consensus Estimate of $53.97 million. With the consensus EPS estimate being $0.02, the EPS surprise was +550.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how NeoGames S.A. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- NeoGames' NPI Revenues Interest: $16.99 million versus the three-analyst average estimate of $12.97 million.
- Royalties from games contracts: $0.55 million compared to the $0.45 million average estimate based on two analysts.
- NeoGames revenues plus NPI revenues interest: $31.42 million versus the two-analyst average estimate of $26.95 million.
- Revenues: $14.42 million versus $14 million estimated by two analysts on average.
- Royalties from turnkey contracts: $7.93 million compared to the $7.80 million average estimate based on two analysts.
View all Key Company Metrics for NeoGames S.A. here>>>Shares of NeoGames S.A. have returned -1.5% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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NeoGames S.A. (NGMS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
NeoGames S.A. reported $46.34 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 25.5%. EPS of $0.13 for the same period compares to $0.10 a year ago.
The reported revenue represents a surprise of -14.15% over the Zacks Consensus Estimate of $53.97 million. With the consensus EPS estimate being $0.02, the EPS surprise was +550.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how NeoGames S.A. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- NeoGames' NPI Revenues Interest: $16.99 million versus the three-analyst average estimate of $12.97 million.
- Royalties from games contracts: $0.55 million compared to the $0.45 million average estimate based on two analysts.
- NeoGames revenues plus NPI revenues interest: $31.42 million versus the two-analyst average estimate of $26.95 million.
- Revenues: $14.42 million versus $14 million estimated by two analysts on average.
- Royalties from turnkey contracts: $7.93 million compared to the $7.80 million average estimate based on two analysts.
View all Key Company Metrics for NeoGames S.A. here>>>Shares of NeoGames S.A. have returned -1.5% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.