Playstudios Inc Expected To Post A Loss Of 1 Cent A Share: Earnings Preview

Playstudios

02/08/2024 23:04

* PLAYSTUDIOS Inc  MYPS.OQ   MYPS.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 5 for the
period ending June 30 2024
    * The Las Vegas Nevada-based  company is expected to report
a
4.2% decrease in revenue to $74.562 million from $77.79 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for PLAYSTUDIOS Inc is for a
loss
of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for PLAYSTUDIOS
Inc
is $4.50​, above​ its last closing price of $2.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.02       -0.02      0.00      Beat    100
 Dec. 31 2024  -0.01       -0.02                        -703.4
 Jan. 1 0001   -0.03       -0.03                        207.8​
 Jun. 30 2023  -0.03       -0.04      -0.01     Beat    72.7
 ​​Jan.        -0.03       -0.02      -0.02     Met     3.6
 1 0001                                                 
 Jan. 1 0001   -0.03       -0.03      0.02      Beat    26.5​
 Jan. 1 0001   -0.02       -0.01      0.02      Beat    233.3
 Jun. 30 2022  -0.01       0.00       0.04      Beat    1,301.
                                                        2
 This summary was machine generated August 2 at 22:04 GMT.  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)