Intl Game Tech Q4 Adj EPS $0.56 Beats $0.41 Estimate, Sales $1.13B Beat $1.11B Estimate
Portfolio Pulse from Benzinga Newsdesk
Intl Game Tech (IGT) reported Q4 adjusted EPS of $0.56, surpassing the $0.41 estimate, and sales of $1.13B, exceeding the $1.11B estimate. This represents a 40% increase in EPS and a 3.39% increase in sales from the same period last year.
March 12, 2024 | 10:42 am
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Intl Game Tech (IGT) reported a strong Q4 with adjusted EPS of $0.56 and sales of $1.13B, both exceeding analyst estimates.
IGT's reported earnings and sales not only beat analyst estimates but also showed significant improvement from the previous year. This positive performance is likely to instill investor confidence and could lead to a short-term uptick in IGT's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100