Can Gambling.com (GAMB) Run Higher on Rising Earnings Estimates?

Core Viewpoint - Gambling.com Group Limited (GAMB) shows potential as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive earnings outlook and potential for continued stock price appreciation [1][2]. Current-Quarter Estimate Revisions - The company is projected to earn $0.25 per share for the current quarter, reflecting a year-over-year increase of +38.89$0.88 per share, representing a +76% change from the previous year - Over the past month, three estimates have been revised upward with no negative revisions, leading to a 10.97% increase in the consensus estimate [5]. Favorable Zacks Rank - The positive revisions in earnings estimates have resulted in Gambling.com achieving a Zacks Rank 2 (Buy), indicating strong potential for outperformance - Research indicates that stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) tend to significantly outperform the S&P 500 [6]. Bottom Line - Gambling.com shares have increased by 31.7% over the past four weeks, suggesting investor confidence in the company's earnings growth prospects, making it a candidate for portfolio inclusion [7].