RDE (GIFT) Expected to Announce Earnings on Tuesday

RDE (NASDAQ:GIFT) is expected to release its earnings data on Tuesday, May 13th. Analysts expect RDE to post earnings of ($0.10) per share and revenue of $24.80 million for the quarter.

RDE (NASDAQ:GIFT) last issued its quarterly earnings data on Monday, March 31st. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.02). The firm had revenue of $23.40 million for the quarter, compared to analysts’ expectations of $23.44 million.

RDE Trading Down 1.7%

GIFT opened at $1.74 on Monday. The company’s 50 day moving average is $1.85 and its 200 day moving average is $1.51. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.80 and a quick ratio of 0.40. RDE has a 12-month low of $0.82 and a 12-month high of $4.27.

Analyst Ratings Changes

Separately, Maxim Group started coverage on RDE in a research report on Wednesday, February 5th. They set a “buy” rating and a $4.00 target price on the stock.

About RDE

RDE, Inc owns and operates a restaurant deal space in the United States. The company operates Restaurant.com that connects digital consumers, businesses, and communities with dining and merchant deal options at approximately 182,500 restaurants and retailers to approximately 7.8 million customers. It sells discount certificates for restaurants, as well as complementary entertainment and travel offerings, and consumer products on behalf of third-party merchants.