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Stock impact report

PlayStudios (MYPS) Q3 Earnings Report Preview: What To Look For [Yahoo! Finance]

PLAYSTUDIOS, Inc. - Class A (MYPS) 
Company Research Source: Yahoo! Finance
PlayStudios missed analysts' revenue expectations by 2.6% last quarter, reporting revenues of $72.59 million, down 6.7% year on year. It was a softer quarter for the company, with full-year revenue guidance missing analysts' expectations and a miss of analysts' daily active users estimates. It reported 13.6 million monthly active users, down 2% year on year. Is PlayStudios a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting PlayStudios's revenue to decline 9.6% year on year to $68.58 million, a reversal from the 5.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.02 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. PlayStudios has missed Wall Street's revenue estimates twice over the last two years. Looking at PlayStudios's Show less Read more
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