Playstudios Inc Expected To Post A Loss Of 2 Cents A Share: Earnings Preview

Playstudios

04/05/2024 03:59

* PLAYSTUDIOS Inc  MYPS.OQ   MYPS.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The Las Vegas Nevada-based  company is expected to report
a
5.3% decrease in revenue to $75.889 million from $80.12 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 2 cents 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 had fallen by
about 9.8%
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 $2.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.01       -0.02      -0.15     Missed  -703.4
 Sep. 30 0001  -0.03       -0.03      0.03      Beat    207.8
 Jun. 30 2023  -0.03       -0.04      -0.01     Beat    72.7​
 Mar. 31 2023  -0.03       -0.02      -0.02     Met     3.6
 ​​Dec.        -0.03       -0.03      -0.02     Beat    26.5
 31 2022                                                
 Sep. 30 2022  -0.02       -0.01      0.02      Beat    233.3​
 Jun. 30 2022  -0.01       0.00       0.04      Beat    1,301.
                                                        2
 Mar. 31 2022  -0.02       -0.02      -0.20     Missed  -900
 This summary was machine generated May 4 at 02:59 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)