Why Gambling.com (GAMB) Could Beat Earnings Estimates Again

Core Insights - Gambling.com Group Limited (GAMB) is well-positioned to continue its earnings-beat streak, particularly in the upcoming report, with a history of exceeding earnings estimates [1][3] - The company has achieved an average surprise of 46.37% over the past two quarters, indicating strong performance [1][3] Earnings Performance - For the most recent quarter, Gambling.com reported earnings of $0.25 per share, surpassing the expected$0.18 per share, resulting in a surprise of 38.89% [2] - In the previous quarter, the company reported $0.20 per share against an expectation of$0.13 per share, leading to a surprise of 53.85% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Gambling.com, with a positive Earnings ESP of +9.46%, suggesting analysts are optimistic about the company's earnings prospects [3][6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat [6] Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [4] - The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5]