The third quarter was not impressive for PlayAgs given the $0.16 per share value versus the Zacks Consensus Estimate of $0.03. The company has not been able to reach its target price.
In the same report, earnings were also down −633.33%. Just a few months early, PlayAgs expected more than the $0.07 delivered. The resulting loss was −143.75%.
Back to Q3 ending September 30, revenues rose enough to pass the estimate by 1.50% topping $79.38 million. Compared to last year at $75.53 million, things are not all bad.
Looking at the big picture, PlayAGS shares have lost about 46.1% since January of 2019 versus the S&P 500’s gain of a healthy 22.7%.