Grindr Inc. (GRND) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.13 per share a year ago.
The mean of analysts' price targets for GRINDR INC (GRND) points to a 31.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Does Grindr Inc. (GRND) have what it takes to be a top stock pick for momentum investors? Let's find out.