IGT Stock Recent News

IGT (IGT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

LONDON , April 11, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast to discuss first quarter 2024 results for the period ended March 31, 2024 on Tuesday, May 14, 2024. Conference call details: Tuesday, May 14, 2024 8:00 a.m.

International Game Technology has seen a decline in its stock price despite a positive long-term outlook for the business. In its latest fiscal year, IGT reported a 2% increase in revenue, driven by growth in some service revenue and some product sales. IGT's spin-off and merger with Everi Holdings has caused investor dissatisfaction, but the combined company is expected to generate significant revenue and capture cost savings.

Although the revenue and EPS for IGT (IGT) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Get a deeper insight into the potential performance of IGT (IGT) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

LONDON , Feb. 14, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast to discuss fourth quarter and full year 2023 results for the period ended December 31, 2023 on Tuesday, March 12, 2024.    Conference call details: Tuesday, March 12, 2024 8:00 a.m.

IGT (IGT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

International Game Technology shares have fallen over 10% in the past months due to concerns about the health of the consumer and ongoing casino investment in gaming machines. IGT is delivering strong financial performance, expanding margins, and strengthening its balance sheet. The company operates in the lottery, gaming, and digital gaming segments, with stable revenue streams, long-term contracts, and growing recurring software sales.

International Game Technology PLC (NYSE:IGT ) Q3 2023 Earnings Conference Call October 31, 2023 8:00 AM ET Company Participants James Hurley - Senior Vice President, Investor Relations Vincent Sadusky - Chief Executive Officer Massimiliano Chiara - Executive Vice President and Chief Financial Officer Conference Call Participants Barry Jonas - Truist Securities Chad Beynon - Macquarie Jeff Stantial - Stifel David Katz - Jefferies Joe Stauff - SIG Operator Hello and welcome to the International Game Technology Q3 2023 Earnings Call. All lines have been placed on mute to prevent any background noise.

International Game Technology (IGT) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $1.30 per share a year ago.