Playtika's Earnings Miss Expectations at $0.07, Profit Falls Short as Well

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Playtika's Earnings Miss Expectations at $0.07, Profit Falls Short as Well

According to Playtika's (NASDAQ: PLTK) report, earnings per share for the third quarter were $0.11, which is $0.07 lower than analysts' expectations of $0.18. The reported revenue for this quarter was $620.8 million, while analyst expectations were $622.46 million.

Playtika's guidance for fiscal year 2024 earnings is set at $2.51 billion to $2.52 billion. Analysts had previously estimated $2.54 billion.

Playtika's stock closed the day at $8.21, indicating a gain of 18.13% over the past three months. Over the last 12 months, the stock has appreciated by 2.50%. In the last 90 days, Playtika reported zero positive earnings per share and zero negative earnings per share.

Check here to see how Playtika's stock price reacted to past earnings reports. According to InvestingPro, Playtika has a financial health rating of "Fairly Good Performance."

Examine the latest earnings reports and all financial information related to Playtika here. Stay updated on all developments regarding financial statements by visiting the Investing.com Earnings Calendar.