PlayAGS Inc reports results for the quarter ended September 30 - Earnings Summary

Playags

09/11/2024 12:30

* PlayAGS Inc  AGS.N  reported quarterly adjusted earnings
of 6
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported
breakeven earnings per share.  The mean expectation of
five analysts for the quarter was for earnings of 12 cents per
share. Wall Street expected results to range from 8 cents to 16
cents per share.
    * Revenue rose 11% to $99.17 million from a year ago;
analysts
expected $96.55 million. 
    * PlayAGS Inc's reported EPS for the quarter was 6 cents​.
    * The company reported quarterly net income of $2.43
million.
    * PlayAGS Inc shares had risen by 2.2% this quarter and
gained 38.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the casinos &
gaming
peer group is also "hold"

Wall Street's median 12-month price target for PlayAGS Inc is
$12.50 
This summary was machine generated from LSEG data November 9 at
12:29 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.12           0.06           Missed
 Jun. 30 2024      0.11           0.01           Missed
 Mar. 31 2024      -0.04          0.10           Beat
 Dec. 31 2023      0.03           0.00           Missed