Skillz Platform Inc Earnings
The next earnings date for Skillz Platform Inc has not yet been scheduled.
Analyst Estimates of Skillz Platform Inc Earnings
What is an Earnings Date
An earnings date is typically considered to be the date that a company publicly announces its earnings. Many companies in the US stock market do earnings announcements once per quarter.
Earnings announcements are typically accompanied by commentary from the company that explains the earnings performance and speaks to future earnings prospects.
Earnings announcements can cause a company’s stock price to change abruptly, so earnings dates are closely monitored by some investors.
Skillz Platform Inc Earnings: Historical
More About Skillz Platform Inc
Skillz Inc. operates a mobile game platform in the United States, Israel, China, Malta, and internationally. The company operates in two segments, Skillz an Aarki. It offers eSports gaming platform, which enables game developers to monetize content through multi-player competition. The company provides advertising solutions for mobile app developers. It distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and is based in Las Vegas, Nevada.
“Skillz Platform Inc Earnings” Can Refer to the Skillz Platform Inc Earnings Date
Some people say “Skillz Platform Inc earnings” as a shortform way to refer to the earnings date.
For example, someone might say, “I plan to hold my Skillz Platform Inc position through earnings.” That typically means the person is going to hold their position through the upcoming earnings date.
Owning Skillz Platform Inc Stock on the Earnings Date
If you own Skillz Platform Inc stock (SKLZ) on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
A company’s earnings typically have a big impact on its stock price, which explains why the stock price for Skillz Platform Inc might exhibit major fluctuations on the day of the earnings announcement. The price fluctuations can go in either direction (up or down), representing a larger potential investment risk and reward than many other days of the year.
There is often a big audience of investors involved with trading Skillz Platform Inc shares of stock on its earnings day. This means there is typically more trading volume, liquidity, and price volatility on the day earnings are announced.
These features are attractive to some types of active traders who are looking for stocks that exhibit large price movements and substantial volume.
Owning Skillz Platform Inc Options on the Earnings Date
If you own Skillz Platform Inc options on the earnings date, then you will be exposed to the potential price volatility that often accompanies earnings announcements.
In addition, the extrinsic values of Skillz Platform Inc options that overlap earnings dates are often higher than other days of the year. In other words, the premiums you pay to own Skillz Platform Inc options are typically higher during that period. In particular, they are frequently higher immediately before earnings and on the day they’re announced.
This makes sense considering that prices are often more volatile on earnings dates for Skillz Platform Inc. That potential volatility is a key factor that affects the premium cost of owning options.
Once the earnings announcement is done and the anticipated price volatility has gone down, the extrinsic values of Skillz Platform Inc options often go down. This is sometimes referred to as volatility crush.
Learning More Skillz Platform Inc Earnings
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