Intl Game Tech Q2 2024 Adj. EPS $0.36 Beats $0.32 Estimate, Sales $1.049B Miss $1.059B Estimate
Portfolio Pulse from Benzinga Newsdesk
International Game Technology (IGT) reported its Q2 2024 results with an adjusted EPS of $0.36, beating the estimate of $0.32. However, its sales of $1.049 billion missed the estimate of $1.059 billion.
July 30, 2024 | 10:41 am
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NEUTRAL IMPACT
International Game Technology (IGT) reported mixed Q2 2024 results. The company beat EPS estimates but missed sales expectations.
The mixed results, with EPS beating estimates but sales missing, are likely to have a neutral short-term impact on IGT's stock price. Investors may be encouraged by the EPS beat but concerned about the sales miss.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100