DoubleDown Interactive (DDI) Set to Announce Quarterly Earnings on Monday

DoubleDown Interactive (NASDAQ:DDI - Get Free Report) will release its earnings data after the market closes on Monday, November 11th. Analysts expect DoubleDown Interactive to post earnings of $0.55 per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

DoubleDown Interactive (NASDAQ:DDI - Get Free Report) last posted its earnings results on Monday, August 12th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.48 by $0.19. The firm had revenue of $88.24 million for the quarter, compared to analysts' expectations of $83.87 million. DoubleDown Interactive had a return on equity of 15.62% and a net margin of 34.85%. During the same period last year, the firm earned $0.49 EPS. 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 Stock Performance

Shares of DDI traded up $0.10 during trading hours on Monday, reaching $14.65. 52,793 shares of the company's stock traded hands, compared to its average volume of 33,159. The firm has a market capitalization of $725.95 million, a price-to-earnings ratio of 6.24 and a beta of 0.88. The business's fifty day simple moving average is $14.27 and its two-hundred day simple moving average is $12.86. DoubleDown Interactive has a twelve month low of $7.16 and a twelve month high of $16.75. The company has a debt-to-equity ratio of 0.05, a current ratio of 18.68 and a quick ratio of 18.68.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. B. Riley upped their price target on shares of DoubleDown Interactive from $24.00 to $26.00 and gave the stock a "buy" rating in a research note on Tuesday, August 13th. Wedbush increased their price target on DoubleDown Interactive from $14.75 to $16.25 and gave the company an "outperform" rating in a research note on Tuesday, August 13th. Finally, Northland Securities boosted their price objective on DoubleDown Interactive from $16.00 to $18.00 and gave the stock an "outperform" rating in a research note 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.