I am buying shares of Playtika Holding Corp. due to its strong cash flow, profitability, and undervaluation compared to competitors. PLTK's significant investment in R&D and partnerships with Apple, Google, and Facebook suggest potential for future game development and revenue growth. Despite some debt, PLTK's declining net Debt/EBITDA ratio and dividend payments make it an attractive investment at current price levels.
Playtika Holding Corp. (NASDAQ:PLTK ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Tae Lee - Senior Vice President of Corporate Finance & Investor Relations Robert Antokol - Co-Founder & Chief Executive Officer Craig Abrahams - President & Chief Financial Officer Nir Korczak - Chief Marketing Officer Conference Call Participants Christopher Schoell - UBS Andrew Crum - Stifel Eric Handler - ROTH Capital Matthew Cost - Morgan Stanley Aaron Lee - Macquarie Omar Dessouky - Bank of America Operator Good day and welcome to Playtika's Holding Corp. Q3 2024 Earnings Call. At this time, all participants are in a listen-only mode.
While the top- and bottom-line numbers for Playtika (PLTK) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Playtika Holding (PLTK) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.19 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 September 2024.
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.
PLTK to boost its product portfolio and market position with the acquisition of the Dice Dreams and Domino Dreams games' famed SuperPlay in Tel Aviv, Israel.
Playtika has agreed to acquire SuperPlay, a mobile gaming company in Israel for a price ranging from $700 million to $1.25 billion.
Mobile games developer Playtika said on Wednesday it would acquire peer SuperPlay in a deal that could go up to $1.95 billion, which would bring popular games such as Bingo Blitz and Dice Dreams under the same umbrella.
Although the revenue and EPS for Playtika (PLTK) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Playtika Holding (PLTK) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.21 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Playtika (PLTK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.