SciPlay Corporation (NASDAQ:SCPL) is reporting second quarter financial results on Thursday 23rd July 2020, after market close.
According to analysts surveyed by Thomson Reuters, SCPL is expected to report 2Q20 income of $ 0.25 per share from revenue of $ 136.79 million.
For the full year, analysts anticipate top line of $ 522.91 million, while looking forward to income of $ 0.90 per share bottom line.
Previous Quarter Performance
SciPlay Corporation recorded income for the first quarter of $ 0.19 per share, from the revenue of $ 118.30 million. The quarterly earnings dropped 24.24 percent while revenues compared with the same quarter last year.
Street analysts expected SciPlay Corporation to report income of $ 0.22 per share on revenue of $ 119.93 million for the first quarter. The bottom line results missed street analysts by $ 0.03 or 13.64 percent, at the same time, top line results fell short of analysts by $ 1.63 million or 1.36 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SCPL was $ 15.49, representing a 166.15 % increase from the 52 week low of $ 5.82 and a 4.56 % decrease over the 52 week high of $ 16.23.
The company has a market capital of $ 351.93 million and is part of the Technology sector and Electronic Gaming & Multimedia industry.
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Recent Analyst recommendations
On 10th June 2020, downgraded by RBC Capital to Sector Perform from Outperform rating.
Conference Call
SciPlay Corporation will be hosting a conference call at 5:30 PM eastern time on 23rd July 2020, to discuss its 2Q20 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.
