Earnings Outlook For Intl Game Tech
Portfolio Pulse from Benzinga Insights
Intl Game Tech (NYSE:IGT) is scheduled to release its quarterly earnings report on March 12, 2024, with analysts estimating an EPS of $0.41. The company's past performance shows a history of beating EPS estimates, which has occasionally led to positive stock price movements the following day. Shares of IGT were trading at $25.08 as of March 08, with a 4.67% increase over the last 52 weeks. Investors are looking for not only an earnings beat but also positive guidance for future growth.
March 11, 2024 | 2:02 pm
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Intl Game Tech is expected to report an EPS of $0.41 for the upcoming quarter, with a history of beating estimates. Shares have risen 4.67% over the last year, indicating positive investor sentiment.
Given IGT's history of beating EPS estimates and the positive stock performance leading up to the earnings report, there is a strong likelihood of a positive short-term impact on the stock price, especially if the company beats the EPS estimate again and provides optimistic future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100