Evolution AB (publ) (EVGGF) Expected to Announce Earnings on Friday

Evolution AB (publ) (OTCMKTS:EVGGF) is expected to release its results before the market opens on Friday, October 23rd. Analysts expect the company to post earnings of $1.52 per share and revenue of $599.27 million for the quarter.

Evolution AB (publ) Stock Performance

Evolution AB (publ) stock opened at $79.49 on Wednesday. Evolution AB has a 12 month low of $56.15 and a 12 month high of $91.29. The stock has a 50-day moving average price of $84.10 and a two-hundred day moving average price of $76.15.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on EVGGF shares. BNP Paribas Exane cut Evolution AB (publ) from an “outperform” rating to a “neutral” rating in a report on Tuesday, September 29th. UBS Group upgraded shares of Evolution AB (publ) to a “neutral” rating in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Evolution AB (publ) in a research report on Monday, July 20th. Finally, Citigroup reiterated a “neutral” rating on shares of Evolution AB (publ) in a research report on Monday, July 20th. Six analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Evolution AB (publ) Company Profile

Evolution AB (publ) is a Sweden-based business-to-business provider of online casino entertainment. The company develops and supplies live casino games, casino table games, game shows, and other interactive gaming products to online gaming operators, land-based casinos, and betting platforms. Its services are designed to be integrated into customers’ websites and mobile applications.

The company began operations in 2006 as Evolution Gaming and has expanded from live casino into a broader portfolio of gaming content.