Playtika Holding (PLTK) Misses Q1 Earnings Estimates

Core Insights - Playtika Holding (PLTK) reported quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.11 per share, and down from $0.15 per share a year ago, representing an earnings surprise of -18.18% [1] - The company posted revenues of $706 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.25%, and up from $651.2 million year-over-year [2] - Playtika shares have declined approximately 21.8% since the beginning of the year, compared to a -4.3% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.13 on revenues of $706.14 million, and for the current fiscal year, it is $0.55 on revenues of $2.83 billion [7] - The estimate revisions trend for Playtika is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Gaming industry, to which Playtika belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Another company in the same industry, GDEV Inc. (GDEV), is expected to report quarterly earnings of $0.18 per share, reflecting a year-over-year change of +280% [9]