SciPlay Corporation (NASDAQ:SCPL) is reporting third quarter earnings results on Wednesday 4th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.25 per share.
For the full year, analysts predict revenues of $ 564.38 million, while looking forward to income of $ 0.94 per share.
Previous Quarter Performance
SciPlay Corporation announced income for the second quarter of $ 0.27 per share, from the revenue of $ 165.60 million. The quarterly earnings 28.57 percent while revenues up 40.22 percent compared with the same quarter last year.
According to street consensus, SCPL was expected to report 2Q20 income of $ 0.25 per share from revenue of $ 136.79 million. The bottom line results beat street analysts by $ 0.02 or 8.00 percent, at the same time, top line results outshined analysts by $ 28.81 million or 21.06 percent.
Stock Performance
Shares of SciPlay Corporation traded up $ 0.15 or 1.07 percent on Tuesday, reaching $ 13.64 with volume of 392.60 thousand shares. SciPlay Corporation has traded high as $ 13.77 and has cracked $ 13.36 on the downward trend
According to the previous trading day, closing price of $ 13.64, representing a 131.96 % increase from the 52 week low of $ 5.82 and a 27.03 % decrease over the 52 week high of $ 18.50.
The company has a market capital of $ 310.82 million and is part of the Technology sector and Electronic Gaming & Multimedia industry.
Recent Analyst recommendations
- On 15th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 15.00 target price.
Conference Call
SciPlay Corporation will be hosting a conference call at 5:30 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sciplay.com
SciPlay Corporation develops and publishes digital games on mobile and Web platforms. The company offers seven games, which include social casino games, such as Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino, and Quick Hit Slots, as well as casual games comprising MONOPOLY Slots, Bingo Showdown, and 88 Fortunes Slots. It provides social casino games, such as slots-style game play, as well as table games-style game play; and casual games, which blend slots-style or bingo game play with adventure game features.
