Home » Third Quarter Results are in for PlayAgs With Moderate Losses

Third Quarter Results are in for PlayAgs With Moderate Losses


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%.

Source: https://europeangaming.eu/portal/latest-news/2019/11/11/58330/playags-reports-q3-2019-results/


About the author

Carol Kay

Carol Kay

Carol Kay is an American editor and writer living in California with a background in business and finance, health and fitness and popular culture. She is the author of numerous books and articles on a variety of subjects. She is dedicated to disseminating information of public import on the internet.

Add Comment

Click here to post a comment

The following GDPR rules must be read and accepted:
This form collects your name, email and content so that we can keep track of the comments placed on the website. For more info check our privacy policy where you will get more info on where, how and why we store your data.