PlayAGS Reports Q3 2019 Results
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PlayAGS (AGS) has come out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.03. Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
The Q3 2019 report represents an earnings surprise of −633.33%. A quarter ago, it was expected that AGS would post earnings of $0.16 per share when it actually produced a loss of $0.07, delivering a surprise of −143.75%.
PlayAGS 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 company has topped consensus revenue estimates two times over the last four quarters.
PlayAGS shares have lost about 46.1% since the beginning of the year versus the S&P 500’s gain of 22.7%.
Source: Latest News on European Gaming Media Network
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