Light & Wonder Q4 2023 GAAP EPS $0.73 Beats $0.67 Estimate, Sales $770.00M Beat $746.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Light & Wonder (LNW) reported Q4 2023 earnings of $0.73 per share, surpassing the $0.67 estimate, with sales of $770M beating the $746.57M estimate, marking a 12.90% increase from last year.
February 27, 2024 | 9:35 pm
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Light & Wonder reported Q4 2023 earnings of $0.73 per share and sales of $770M, exceeding estimates and showing a 12.90% YOY growth.
LNW's earnings and sales beat not only demonstrates the company's ability to surpass analyst expectations but also indicates a strong year-over-year growth. This positive performance is likely to instill investor confidence and could lead to a short-term uptick in LNW's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100