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

Playstudios

02/11/2024 04:04

* PLAYSTUDIOS Inc  MYPS.OQ   MYPS.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 4 for the
period ending September 30 2024
    * The Las Vegas Nevada-based  company is expected to report
a
9.9% decrease in revenue to $68.359 million from $75.86 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 4 "strong buy" or "buy," 4
"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 3.50​, above​ its last closing price of $1.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.01       -0.01      -0.02     Missed  -44.6
 Mar. 31 2024  -0.02       -0.02      0.00      Beat    100
 Dec. 31 2023  -0.01       -0.02      -0.15     Missed  -703.4
                                                        ​
 Sep. 30 2023  -0.03       -0.03      0.03      Beat    207.8
 ​​Jun.        -0.03       -0.04      -0.01     Beat    72.7
 30 2023                                                
 Jan. 1 0001   -0.03       -0.02      -0.02     Met     3.6​
 Jan. 1 0001   -0.03       -0.03      -0.02     Beat    26.5
 Sep. 30 2022  -0.02       -0.01      0.02      Beat    233.3
 This summary was machine generated November 2 at 04:04 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)