Playtika Holding Q3 EPS $0.10 Misses $0.19 Estimate, Sales $630.10M Miss $638.18M Estimate
Portfolio Pulse from Benzinga Newsdesk
Playtika Holding (NASDAQ:PLTK) reported Q3 earnings of $0.10 per share, missing the analyst consensus estimate of $0.19 by 47.37%. This is a 41.18% decrease from the same period last year. The company also reported quarterly sales of $630.10 million, missing the analyst consensus estimate of $638.18 million by 1.27%, a 2.73% decrease from the same period last year.
November 08, 2023 | 11:36 am
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NEGATIVE IMPACT
Playtika's Q3 earnings and sales missed estimates, with a significant decrease YoY. This could negatively impact the company's stock price in the short term.
Playtika's earnings and sales for Q3 have both missed estimates, with a significant decrease compared to the same period last year. This underperformance could lead to a decrease in investor confidence, potentially leading to a drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100