Snail, Inc. (NASDAQ:SNAL) to Post FY2024 Earnings of $0.19 Per Share, Noble Financial Forecasts

Snail, Inc. (NASDAQ:SNAL) – Analysts at Noble Financial lowered their FY2024 EPS estimates for shares of Snail in a report released on Wednesday, April 3rd. Noble Financial analyst M. Kupinski now expects that the company will earn $0.19 per share for the year, down from their previous estimate of $0.31. The consensus estimate for Snail’s current full-year earnings is $0.19 per share. Noble Financial also issued estimates for Snail’s FY2025 earnings at $1.29 EPS.

Snail Price Performance

Shares of SNAL stock opened at $1.02 on Friday. The company has a market capitalization of $37.38 million, a P/E ratio of -4.25 and a beta of 2.07. The company’s 50-day simple moving average is $0.99 and its two-hundred day simple moving average is $1.15. Snail has a one year low of $0.79 and a one year high of $2.32.

Snail (NASDAQ:SNAL) last posted its quarterly earnings data on Monday, April 1st. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.20). Snail had a negative return on equity of 163.52% and a negative net margin of 17.23%. The firm had revenue of $28.57 million during the quarter, compared to analysts’ expectations of $31.60 million.

Hedge Funds Weigh In On Snail

A hedge fund recently bought a new stake in Snail stock. Virtu Financial LLC acquired a new stake in shares of Snail, Inc. (NASDAQ:SNAL) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 18,174 shares of the company’s stock, valued at approximately $27,000. 0.36% of the stock is currently owned by institutional investors.

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. The company was founded in 2009 and is headquartered in Culver City, California.