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Playtika (PLTK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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Playtika Holding (PLTK - Free Report) reported $627 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 2.5%. EPS of $0.23 for the same period compares to $0.21 a year ago.
The reported revenue represents a surprise of -2.36% over the Zacks Consensus Estimate of $642.15 million. With the consensus EPS estimate being $0.17, the EPS surprise was +35.29%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Playtika performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average DPUs
: 0.3 million compared to the 0.32 million average estimate based on two analysts.
Average Daily Payer Conversion
: 3.7% versus the two-analyst average estimate of 3.6%.
Average MAUs
: 27.7 million versus 31.35 million estimated by two analysts on average.
Average DAUs
: 8.1 million versus the two-analyst average estimate of 8.85 million.
ARPDAU
: $0.85 compared to the $0.79 average estimate based on two analysts.
Shares of Playtika have returned -6.4% over the past month versus the Zacks S&P 500 composite's -5.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Playtika (PLTK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Playtika Holding (PLTK - Free Report) reported $627 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 2.5%. EPS of $0.23 for the same period compares to $0.21 a year ago.
The reported revenue represents a surprise of -2.36% over the Zacks Consensus Estimate of $642.15 million. With the consensus EPS estimate being $0.17, the EPS surprise was +35.29%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Playtika performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Playtika here>>>Average DPUs
: 0.3 million compared to the 0.32 million average estimate based on two analysts.Average Daily Payer Conversion
: 3.7% versus the two-analyst average estimate of 3.6%.Average MAUs
: 27.7 million versus 31.35 million estimated by two analysts on average.Average DAUs
: 8.1 million versus the two-analyst average estimate of 8.85 million.ARPDAU
: $0.85 compared to the $0.79 average estimate based on two analysts.Shares of Playtika have returned -6.4% over the past month versus the Zacks S&P 500 composite's -5.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.