PLTK Stock Recent News

Playtika Holding Corp. (NASDAQ:PLTK) Q4 2023 Earnings Conference Call February 26, 2024 8:30 AM ET

The headline numbers for Playtika (PLTK) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Playtika Holding (PLTK) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.24 per share a year ago.

Beyond analysts' top -and-bottom-line estimates for Playtika (PLTK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Playtika (PLTK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ROKU's fourth-quarter 2023 results benefit from growing active accounts and streaming hours on The Roku Channel.

HERZLIYA, Israel, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (NASDAQ:PLTK) announced today it will release financial results for the fourth quarter and full-year 2023 before U.S. markets open on Monday, February 26, 2024.

Playtika (PLTK) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

In the tech sector, layoff announcements are becoming more commonplace. For Israeli mobile gaming company Playtika (NASDAQ: PLTK ), this trend is playing out once again.

Worldwide revenue from video games is approaching $200 billion, according to one estimate. Take-Two, Playtika, and Roblox have great prospects in 2024 and beyond.