Playtika Holding Q4 EPS $0.10 Misses $0.17 Estimate, Sales $637.90M Beat $629.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
Playtika Holding (PLTK) reported Q4 earnings of $0.10 per share, missing the consensus estimate of $0.17, a 58.33% decrease from last year. However, their sales of $637.90M exceeded estimates by 1.26%, marking a 1.06% increase from the previous year.
February 26, 2024 | 11:36 am
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Playtika Holding's Q4 earnings missed estimates but sales exceeded expectations, showing mixed financial health.
The missed earnings per share (EPS) could negatively impact investor sentiment due to the significant miss and year-over-year decrease. However, the beat on sales estimates and slight year-over-year increase might offset some of the negative sentiment, leading to a neutral short-term impact on the stock price.
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