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Gambling.com (GAMB) - 2024 Q4 - Annual Report
2025-03-20 11:06
Exhibit 99.1 PRESS RELEASE March 20, 2025 at 7:00 a.m. ET Gambling.com Group Reports Fourth Quarter and Full-Year 2024 Results 2025 Guidance Mid-points Imply 35% and 40% Year-Over-Year Revenue and Adjusted EBITDA Growth CHARLOTTE – March 20, 2025 – Gambling.com Group Limited (Nasdaq: GAMB) ("Gambling.com Group" or the "Company"), a fast-growing provider of digital marketing services for the global online gambling industry, today reported financial results for the fourth quarter and full-year ended December ...
Why Gambling.com (GAMB) Could Beat Earnings Estimates Again
ZACKS· 2025-02-21 18:10
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]
Recent Price Trend in Gambling.com (GAMB) is Your Friend, Here's Why
ZACKS· 2025-02-11 14:50
Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting the need for strong fundamentals to maintain momentum [1][2]. Group 1: Stock Performance - Gambling.com Group Limited (GAMB) has shown a solid price increase of 33.7% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - The stock has also increased by 18.9% over the last four weeks, suggesting that the upward trend is still intact [5]. - GAMB is currently trading at 91.4% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - GAMB holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like GAMB that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are other stocks passing through the same screen, providing additional investment opportunities [8].
Gambling.com And Rush Street Interactive: Both Look Good, But Here's Why Gambling.com Is Better
Seeking Alpha· 2025-02-02 09:56
Industry Overview - Online gambling is one of the fastest-growing industries in North America, driven by the legalization of the sector in more states, which is viewed as a potential source of tax revenue [1] Company Insights - Most companies in the online gambling industry are capitalizing on the growth opportunities presented by the expanding legal framework [1]
Gambling.com (GAMB) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2025-01-03 18:16
Core Viewpoint - Gambling.com Group Limited (GAMB) has received a Zacks Rank 2 (Buy) upgrade due to an upward trend in earnings estimates, indicating potential for stock price increase [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Gambling.com is projected at $0.88 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 76% [9]. - Over the past three months, the Zacks Consensus Estimate for Gambling.com has risen by 4%, indicating positive sentiment among analysts [9]. Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, which is a key driver of stock price movements [2][3]. - The system classifies stocks into five groups, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating, highlighting superior earnings estimate revisions [10][11]. - Historically, Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, showcasing the effectiveness of the rating system [8]. Market Implications - The upgrade to Zacks Rank 2 positions Gambling.com in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11]. - Rising earnings estimates are correlated with increased buying pressure from institutional investors, which can lead to significant stock price movements [5][6].
Is Gambling.com (GAMB) Stock Outpacing Its Business Services Peers This Year?
ZACKS· 2024-12-25 15:46
Group 1 - Gambling.com Group Limited (GAMB) has shown a year-to-date performance of approximately 47.9%, outperforming the Business Services sector, which has returned an average of 23.4% [8] - The Zacks Consensus Estimate for GAMB's full-year earnings has increased by 11% in the past quarter, indicating a positive trend in analyst sentiment [3] - Gambling.com Group Limited currently holds a Zacks Rank of 2 (Buy), suggesting a favorable earnings outlook [2] Group 2 - Gambling.com Group Limited is part of the Advertising and Marketing industry, which has seen a decline of about 4.6% year-to-date, indicating that GAMB is performing better than its industry peers [7] - The Business Services group, which includes GAMB, ranks 4 within the Zacks Sector Rank, highlighting its relative strength among 16 different groups [6] - Another stock in the Business Services sector, Lesaka Technologies (LSAK), has a year-to-date return of 59.3% and also holds a Zacks Rank of 2 (Buy), indicating strong performance within the sector [4][5]
Gambling.com (GAMB) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-12-23 14:51
Core Insights - The article emphasizes the importance of confirming sound fundamentals and positive earnings estimates to sustain stock momentum, particularly for short-term trading strategies [1] Company Overview - Gambling.com Group Limited (GAMB) has shown a significant price increase of 44.9% over a 12-week period, indicating strong investor interest and potential upside [2] - GAMB is currently trading at 81.3% of its 52-week high-low range, suggesting it may be on the verge of a breakout [5] - The stock has maintained a price increase of 11.1% over the past four weeks, confirming that the upward trend is still intact [9] Investment Ratings - GAMB holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [14] - The average broker recommendation for GAMB is 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [10] Investment Strategies - The "Recent Price Strength" screen is highlighted as a useful tool for identifying stocks with sufficient fundamental strength to maintain their uptrend, particularly those trading in the upper portion of their 52-week range [8] - The Zacks Rank stock-rating system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, indicating a reliable method for stock selection [3]
3 Advertising & Marketing Stocks to Consider Amid Industry Woes
ZACKS· 2024-12-17 16:46
The Zacks Advertising and Marketing industry is anticipated to reach the pre-pandemic healthy levels with the surge in service activities. Industry players’ growth is expected to be driven by the rise of digital marketing surge and client-focused strategies.Increased service activities, rising digital marketing services and growth in consumer spending across media platforms aid the companies in the industry to tackle the prevailing revenues softness.Investors can take Gambling.com Group Limited (GAMB) , Int ...
Can Gambling.com (GAMB) Run Higher on Rising Earnings Estimates?
ZACKS· 2024-12-16 18:21
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% - The Zacks Consensus Estimate for Gambling.com has risen by 5.38% in the last 30 days, with two estimates increasing and one decreasing [4]. Current-Year Estimate Revisions - For the full year, Gambling.com is expected to earn $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].
Here's Why Momentum in Gambling.com (GAMB) Should Keep going
ZACKS· 2024-12-05 14:51
Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting the need for strong fundamentals to maintain momentum [1][2]. Group 1: Stock Performance - Gambling.com Group Limited (GAMB) has shown a solid price increase of 34.6% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - Over the last four weeks, GAMB's price has increased by 36.1%, suggesting that the upward trend is still intact [5]. - GAMB is currently trading at 96.6% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - GAMB holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like GAMB that are on an uptrend supported by strong fundamentals [3]. - The article suggests that investors should consider other stocks that meet similar criteria for potential investment opportunities [8].