Playtika Holding Q2 EPS $0.23 Beats $0.16 Estimate, Sales $627.00M Miss $640.84M Estimate
Portfolio Pulse from Benzinga Newsdesk
Playtika Holding (NASDAQ:PLTK) reported Q2 earnings per share of $0.23, beating the analyst estimate of $0.16. However, sales of $627.00 million missed the $640.84 million estimate.
August 07, 2024 | 10:41 am
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NEUTRAL IMPACT
Playtika Holding reported Q2 EPS of $0.23, beating estimates by 35.29%, but sales of $627.00 million missed estimates by 2.16%.
The positive EPS surprise is offset by the sales miss, leading to a neutral short-term impact on the stock price. Investors may be encouraged by the earnings beat but concerned about the revenue shortfall.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100