International Game Technology PLC reports results for the quarter ended March 31 - Earnings Summary

Brightstar Lottery

13/05/2025 14:31

International Game Technology PLC IGT.N reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 40 cents.  The mean expectation of four analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 6 cents to 26 cents per share.

Revenue fell 45.4% to $583.00 million from a year ago; analysts expected $627.84 million.

International Game Technology PLC's reported EPS for the quarter was 13 cents​.

The company reported quarterly net income of $27 million.

International Game Technology PLC shares had risen by 10.0% this quarter and gained 1.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 68.8% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the casinos & gaming peer group is also "buy"

Wall Street's median 12-month price target for International Game Technology PLC is $22.00

This summary was machine generated from LSEG data May 13 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.11
0.13
Beat
Dec. 31 2024
0.37
1.07
Beat
Sep. 30 2024
0.21
0.04
Missed
Jun. 30 2024
0.32
0.20
Missed