Light & Wonder Beats Q3 Earnings Estimates on Higher Revenues
Portfolio Pulse from
Light & Wonder (LNW) reported strong Q3 earnings, surpassing estimates due to higher revenues. This marks the ninth consecutive quarter of double-digit revenue growth for the company.
November 13, 2024 | 4:30 pm
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Light & Wonder reported better-than-expected Q3 earnings, driven by strong sales across all verticals, achieving its ninth consecutive quarter of double-digit revenue growth.
The company's strong performance and consistent revenue growth are likely to positively impact its stock price in the short term. Beating earnings estimates typically boosts investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100