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Shares of sports data and technology provider Sportradar (SRAD -1.93%) were up 10% this week as of 2:15 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.
Rising sports betting company, Sportradar (SRAD), showed a dip in profit but a rise in revenue in its latest earnings report. George Tsilis notes the company has most of its business overseas, but a softening U.S. dollar can serve as an upside catalyst for the stock.
Sportradar Group AG (NASDAQ:SRAD ) Q4 2024 Earnings Call March 19, 2025 8:30 AM ET Company Participants James Bombassei - Senior Vice President, Investor Relations and Corporate Finance Carsten Koerl - Chief Executive Officer Craig Felenstein - Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Michael Graham - Canaccord Bernie McTernan - Needham & Company Robin Farley - UBS David Katz - Jefferies Michael Hickey - The Benchmark Company Jordan Bender - Citizens Bank Sam Nielsen - JPMorgan Operator Good day and thank you for standing by. Welcome to the Sportradar Fourth Quarter 2024 Earnings Conference Call.
Sportradar Group AG (SRAD) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.08 per share a year ago.
SRAD's fourth-quarter performance is likely to have benefited from strategic partnerships, strong data-driven solutions and product innovation.
Sportradar Group AG's Q4 and full-year earnings report is due on March 19th, with analysts projecting $0.04 EPS on $309M sales, reflecting modest growth. SRAD has a high forward P/E ratio of 112x, making it appear expensive given its current profitability and expected growth slowdown in 2025. Key focus areas include new deals, partnerships, and performance in Betting & Gaming Content, with an emphasis on improving bottom-line margins and operational efficiency.
Join Motley Fool analysts Matt Frankel and David Meier as they dive into SportRadar (SRAD -1.84%), a leader in sports betting data. Learn how it powers platforms like DraftKings and FanDuel, its growth potential, and key risks.
Sportradar Group (SRAD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Sportradar Group AG (SRAD) rising on business model, fundamentals success.
Explore the exciting world of Sportradar (SRAD -1.48%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
Sportradar Q3: Earnings Momentum Stands Incredibly Strong