Light & Wonder Earnings Preview
Portfolio Pulse from Benzinga Insights
Light & Wonder (NASDAQ:LNW) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $0.67. The company's past performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $93.65, reflecting a 51.45% increase over the last 52 weeks. Investors are optimistic but will be closely watching the guidance for future growth.
February 26, 2024 | 8:00 pm
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Light & Wonder is expected to report an EPS of $0.67 for the upcoming quarter. Historical performance shows positive stock movement post-earnings, with shares currently up 51.45% over the last year.
Given Light & Wonder's history of exceeding EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a positive short-term impact on LNW's stock price, especially if the company beats the EPS estimate again and provides optimistic future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100