Free Trial

Noble Financial Issues Negative Forecast for CDRO Earnings

Codere Online Luxembourg logo with Consumer Discretionary background

Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Free Report) - Noble Financial cut their Q2 2025 EPS estimates for Codere Online Luxembourg in a research report issued on Monday, May 19th. Noble Financial analyst M. Kupinski now anticipates that the company will earn ($0.01) per share for the quarter, down from their previous estimate of $0.01. The consensus estimate for Codere Online Luxembourg's current full-year earnings is ($0.05) per share. Noble Financial also issued estimates for Codere Online Luxembourg's Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.15 EPS and FY2026 earnings at $0.53 EPS.

Codere Online Luxembourg Price Performance

CDRO traded down $0.24 during trading on Tuesday, hitting $7.29. 1,365 shares of the company traded hands, compared to its average volume of 46,506. The stock's fifty day moving average is $7.30 and its 200 day moving average is $7.22. Codere Online Luxembourg has a one year low of $5.75 and a one year high of $8.76.

Hedge Funds Weigh In On Codere Online Luxembourg

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its position in Codere Online Luxembourg by 25.0% during the fourth quarter. Geode Capital Management LLC now owns 13,600 shares of the company's stock worth $88,000 after purchasing an additional 2,723 shares during the period. Raymond James Financial Inc. bought a new position in Codere Online Luxembourg during the fourth quarter worth about $64,000. Hood River Capital Management LLC boosted its position in Codere Online Luxembourg by 64.7% during the fourth quarter. Hood River Capital Management LLC now owns 25,596 shares of the company's stock worth $165,000 after purchasing an additional 10,059 shares during the period. Diametric Capital LP boosted its position in Codere Online Luxembourg by 183.3% during the fourth quarter. Diametric Capital LP now owns 38,743 shares of the company's stock worth $250,000 after purchasing an additional 25,068 shares during the period. Finally, Exchange Traded Concepts LLC bought a new position in Codere Online Luxembourg during the fourth quarter worth about $364,000. Institutional investors own 10.30% of the company's stock.

About Codere Online Luxembourg

(Get Free Report)

Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.

Read More

Should You Invest $1,000 in Codere Online Luxembourg Right Now?

Before you consider Codere Online Luxembourg, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Codere Online Luxembourg wasn't on the list.

While Codere Online Luxembourg currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Tech Stocks Insiders Are Buying: Speculative Plays for June
3 Defense Stocks Set to Crush the S&P This Summer
Analysts Are Watching These 4 Penny Stocks—You Should Too

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines