Gambling.com Group Limited (GAMB) Surpasses Q1 Earnings and Revenue Estimates

Group 1 - Gambling.com Group Limited (GAMB) reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, with an earnings surprise of 42.86% [1] - The company posted revenues of $29.22 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 3.05%, compared to year-ago revenues of $26.69 million [2] - Over the last four quarters, Gambling.com has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2 - The stock has underperformed the market, losing about 13.1% since the beginning of the year, while the S&P 500 gained 11.3% [3] - The current consensus EPS estimate for the coming quarter is $0.13 on revenues of $29.03 million, and for the current fiscal year, it is $0.81 on revenues of $131.21 million [7] - The Advertising and Marketing industry, to which Gambling.com belongs, is currently in the top 39% of Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]