Glu Mobile's Earnings Outlook

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Glu Mobile GLUU announces its next round of earnings this Tuesday, August 04. Here is Benzinga's everything-that-matters guide for this Tuesday's Q2 earnings announcement.

Earnings and Revenue

Sell-side analysts expect Glu Mobile's EPS to be near $0.08 on sales of $165.51 million. Glu Mobile reported a per-share profit of $0.020 when it published results during the same quarter last year. Sales in that period totaled $95.54 million. If the company were to report inline earnings when it publishes results Tuesday, earnings would be up 300.0%. Revenue would be up 71.67% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0 0.08 0.03 0.05
EPS Actual -0.06 0.07 -0.03 0.02
Revenue Estimate 96.41 M 103.60 M 110.24 M 101.65 M
Revenue Actual 107.27 M 112.88 M 107.08 M 95.54 M

Stock Performance

Over the last 52-week period, shares are up 86.52%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Glu Mobile is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/qxrfeu3t

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