* PLAYSTUDIOS Inc reported a quarterly adjusted loss of 2 cents per share for the quarter ended January 1, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of six analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -5 cents to -1 cents per share.
* Revenue fell 6.1% to $71.23 million from a year ago; analysts expected $68.58 million.
* PLAYSTUDIOS Inc's reported EPS for the quarter was a loss of 2 cents.
* The company reported a quarterly loss of $3.1 million.
* PLAYSTUDIOS Inc shares had fallen by 8.6% this quarter and lost 49.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for PLAYSTUDIOS Inc is $3.50 This summary was machine generated from LSEG data November 5 at 07:52 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.02 -0.02 Met
Jun. 30 2024 -0.01 -0.02 Missed
Mar. 31 2024 -0.02 0.00 Beat
Dec. 31 2023 -0.02 -0.15 Missed
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