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Playtika Holding's Q1 Earnings Flat, Revenue Increases; Raises 2021 Revenue Outlook

05/11/2021 04:36

08:29 AM EDT, 05/11/2021 (MT Newswires) -- Playtika Holding (PLTK) reported Q1 earnings Tuesday of $0.09 per share, unchanged from a year earlier.

Analysts polled by Capital IQ projected EPS of $0.12.

Revenue was $638.9 million for the quarter ended March 31, up from $534.2 million a year ago. The Street forecast was for revenue of $580.9 million.

For the full year 2021 the company anticipates revenue of $2.6 billion, up from its prior guidance of $2.44 billion. The consensus estimate of analysts polled by Capital IQ is for full-year revenue of $2.47 billion.

The company has forecast for the full-year 2021, adjusted earnings before interest, tax and depreciation of $1.0 billion, up from its previous guidance of $920 million.

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