International Game Technology (IGT) Tops Q1 Earnings and Revenue Estimates [Yahoo! Finance]
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International Game Technology Ordinary Shares (IGT)
Last international game technology ordinary shares earnings: 3/3 06:45 am
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Source: Yahoo! Finance
This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 58.62%. A quarter ago, it was expected that this slot machine maker would post earnings of $0.45 per share when it actually produced earnings of $0.56, delivering a surprise of 24.44%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. IGT , which belongs to the Zacks Gaming industry, posted revenues of $1.07 billion for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 3.42%. This compares to year-ago revenues of $1.06 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. IGT shares have lost about 27% since
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