Playtika Holding Q2 EPS $0.21, Inline, Sales $642.80M Miss $652.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Playtika Holding (NASDAQ:PLTK) reported Q2 earnings of $0.21 per share, in line with analyst consensus. This is a 133.33% increase from the same period last year. However, the company's quarterly sales of $642.80 million missed the analyst consensus estimate of $652.87 million by 1.54%, marking a 2.55% decrease from last year.
August 08, 2023 | 10:36 am
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Playtika's Q2 earnings met expectations but sales missed estimates, indicating mixed financial performance.
Playtika's earnings per share met analyst expectations, which is a positive signal. However, the company's sales missed estimates, which could be a concern for investors. The net impact on the stock price could be neutral in the short term as the positive and negative factors balance each other out.
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