Playtika (PLTK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Playtika Holding (PLTK) reported $627 million in revenue for Q2 2024, a year-over-year decline of 2.5% and a surprise of -2.36% compared to the Zacks Consensus Estimate of $642.15 million [1] - The earnings per share (EPS) for the same period was $0.23, an increase from $0.21 a year ago, resulting in a surprise of +35.29% against the consensus EPS estimate of $0.17 [1] Financial Metrics - Average Daily Payers (DPUs) were 0.3 million, slightly below the average estimate of 0.32 million from two analysts [3] - Average Daily Payer Conversion was 3.7%, exceeding the two-analyst average estimate of 3.6% [4] - Average Monthly Active Users (MAUs) stood at 27.7 million, significantly lower than the estimated 31.35 million [5] - Average Daily Active Users (DAUs) were 8.1 million, below the average estimate of 8.85 million [6] - Average Revenue Per Daily Active User (ARPDAU) was $0.85, surpassing the average estimate of $0.79 [7] Stock Performance - Over the past month, Playtika's shares have returned -6.4%, compared to a -5.9% change in the Zacks S&P 500 composite [7] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [7]