Light & Wonder Q1 2024 GAAP EPS $0.88 Beats $0.68 Estimate, Sales $756.000M Beat $722.701M Estimate
Portfolio Pulse from Benzinga Newsdesk
Light & Wonder (NASDAQ:LNW) reported Q1 2024 earnings of $0.88 per share, surpassing the $0.68 estimate, with sales of $756M beating the $722.701M estimate, a 12.84% increase from last year.

May 08, 2024 | 9:16 pm
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POSITIVE IMPACT
Light & Wonder reported a significant beat on both EPS and sales estimates for Q1 2024, indicating strong financial performance.
Beating both EPS and sales estimates by notable margins suggests robust financial health and operational efficiency. Such positive earnings reports typically lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100