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What Analyst Projections for Key Metrics Reveal About PlayAGS (AGS) Q1 Earnings
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The upcoming report from PlayAGS (AGS - Free Report) is expected to reveal quarterly loss of $0.05 per share, indicating a decline of 400% compared to the year-ago period. Analysts forecast revenues of $88.18 million, representing an increase of 6% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific PlayAGS metrics that are commonly monitored and projected by Wall Street analysts.
The consensus among analysts is that 'Revenues- EGM' will reach $80.30 million. The estimate points to a change of +4.9% from the year-ago quarter.
Analysts' assessment points toward 'Revenues- Table Products' reaching $4.50 million. The estimate indicates a year-over-year change of +9.9%.
The combined assessment of analysts suggests that 'Adjusted EBITDA- EGM' will likely reach $35.67 million. The estimate compares to the year-ago value of $34.03 million.
Over the past month, PlayAGS shares have recorded returns of -11.2% versus the Zacks S&P 500 composite's -0.2% change. Based on its Zacks Rank #1 (Strong Buy), AGS will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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What Analyst Projections for Key Metrics Reveal About PlayAGS (AGS) Q1 Earnings
The upcoming report from PlayAGS (AGS - Free Report) is expected to reveal quarterly loss of $0.05 per share, indicating a decline of 400% compared to the year-ago period. Analysts forecast revenues of $88.18 million, representing an increase of 6% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific PlayAGS metrics that are commonly monitored and projected by Wall Street analysts.
The consensus among analysts is that 'Revenues- EGM' will reach $80.30 million. The estimate points to a change of +4.9% from the year-ago quarter.
Analysts' assessment points toward 'Revenues- Table Products' reaching $4.50 million. The estimate indicates a year-over-year change of +9.9%.
The combined assessment of analysts suggests that 'Adjusted EBITDA- EGM' will likely reach $35.67 million. The estimate compares to the year-ago value of $34.03 million.
View all Key Company Metrics for PlayAGS here>>>
Over the past month, PlayAGS shares have recorded returns of -11.2% versus the Zacks S&P 500 composite's -0.2% change. Based on its Zacks Rank #1 (Strong Buy), AGS will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>