FreeCast (Direct Listing) (NASDAQ:CAST) Posts Earnings Results, Misses Expectations By $0.29 EPS

FreeCast (Direct Listing) (NASDAQ:CAST – Get Free Report) posted its earnings results on Monday. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.29), FiscalAI reports. The company had revenue of $0.36 million for the quarter.

FreeCast (Direct Listing) Price Performance

NASDAQ CAST traded down $0.01 during mid-day trading on Monday, hitting $1.18. The stock had a trading volume of 575,619 shares, compared to its average volume of 6,172,875. The stock’s 50 day moving average is $1.46. The company has a market capitalization of $48.78 million and a PE ratio of -6.56. FreeCast has a twelve month low of $0.50 and a twelve month high of $33.00.

Analyst Ratings Changes

CAST has been the subject of a number of recent analyst reports. Zacks Research upgraded FreeCast (Direct Listing) to a “hold” rating in a research report on Wednesday, June 10th. Wall Street Zen raised shares of FreeCast (Direct Listing) from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Finally, Weiss Ratings raised shares of FreeCast (Direct Listing) from a “sell (e-)” rating to a “sell (e)” rating in a report on Monday, September 14th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $6.00.

Read Our Latest Analysis on CAST

FreeCast (Direct Listing) Company Profile

(Get Free Report)

FreeCast, Inc is a media and entertainment technology company that develops streaming aggregation services. Its platform is designed to bring together free, ad-supported streaming television, on-demand programming, live channels and subscription-based content in a unified viewing experience, helping consumers discover and access content from multiple sources.

The company offers consumer-facing streaming products and related technology intended to simplify television viewing across connected TVs, mobile devices and other internet-enabled platforms.

Further Reading

Earnings History for FreeCast (Direct Listing) (NASDAQ:CAST)

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