Playtika’s Earnings Exceed Expectations by $0.06, But Revenue Misses Estimates

Playtika recently announced its second-quarter earnings, reporting an earnings per share (EPS) of $0.23, exceeding analysts’ expectations of $0.17 by $0.06. The company’s revenue for the quarter was recorded at $627 million, which fell short of the consensus estimate of $640.83 million.

### Guidance

For the full year 2024, Playtika anticipates revenue of $2.52 billion, compared to the analyst consensus of $2.58 billion.

Currently, Playtika’s stock is trading at $7.00, reflecting a decline of 18.41% over the past three months and a decrease of 30.62% over the past year. In the last 90 days, there have been no positive or negative revisions to Playtika’s EPS estimates.

According to recent evaluations, Playtika’s financial health is rated as “good performance.”