Playtika Holding Corp reports results for the quarter ended in September 30 - Earnings Summary

• Playtika Holding Corp PLTK.OQ reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of twelve analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 15 cents to 21 cents per share.

• Revenue fell 1.5% to $620.80 million from a year ago; analysts expected $622.51 million.

• Playtika Holding Corp's reported EPS for the quarter was 11 cents​.

• The company reported quarterly net income of $39.3 million.

• Playtika Holding Corp shares had risen by 3.7% this quarter and lost 5.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for Playtika Holding Corp is 8.63

This summary was machine generated from LSEG data November 7 at 08:44 p.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)