Noble Financial Has Bearish Forecast for Snail Q4 Earnings

Snail, Inc. (NASDAQ:SNAL - Free Report) - Stock analysts at Noble Financial reduced their Q4 2024 EPS estimates for Snail in a research note issued on Thursday, November 14th. Noble Financial analyst M. Kupinski now forecasts that the company will earn $0.07 per share for the quarter, down from their prior forecast of $0.15. The consensus estimate for Snail's current full-year earnings is $0.24 per share.

Snail Price Performance

Shares of SNAL stock traded down $0.03 during midday trading on Friday, reaching $1.19. 71,958 shares of the company traded hands, compared to its average volume of 79,973. The firm has a market cap of $43.76 million, a PE ratio of 13.22 and a beta of 0.82. Snail has a 1-year low of $0.52 and a 1-year high of $2.29. The firm's 50 day simple moving average is $1.30 and its two-hundred day simple moving average is $1.00.

Snail (NASDAQ:SNAL - Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.12). Snail had a net margin of 3.15% and a return on equity of 153.97%. The business had revenue of $21.61 million during the quarter, compared to analyst estimates of $27.80 million.

About Snail

Snail, Inc, together with its subsidiaries, researches, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. Snail, Inc was founded in 2009 and is headquartered in Culver City, California.