PlayAGS (AGS) Experiences Q3 Loss, Tops Income Estimates

HomeInvesting

PlayAGS (AGS) Experiences Q3 Loss, Tops Income Estimates

PlayAGS (AGS) got here out with a quarterly lack of $0.16 per share versus the Zacks Consensus Esti


PlayAGS (AGS) got here out with a quarterly lack of $0.16 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.12 per share a yr in the past. These figures are adjusted for non-recurring gadgets.

This quarterly report represents an earnings shock of -633.33%. 1 / 4 in the past, it was anticipated that this gaming trade provider would submit earnings of $0.16 per share when it truly produced a lack of $0.07, delivering a shock of -143.75%.

Over the past 4 quarters, the corporate has not been capable of surpass consensus EPS estimates.

PlayAGS, which belongs to the Zacks Gaming trade, posted revenues of $79.38 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 1.50%. This compares to year-ago revenues of $75.53 million. The corporate has topped consensus income estimates two occasions during the last 4 quarters.

The sustainability of the inventory’s quick worth motion primarily based on the recently-released numbers and future…



nasdaq.com