Light & Wonder Q2 Adjusted Earnings, Revenue Up

MT Newswires Live
Aug 05

Light & Wonder (ASX:LNW) logged $1.99 in adjusted EPS for the second quarter, compared with $1.58 a year ago, a Wednesday filing showed.

Analysts polled by FactSet expected earnings of $1.73.

For the three months ended June 30, revenue was $828 million versus $809 million previously, the Australia-listed global games company added. Analysts surveyed by FactSet expected $842 million.

The company expects mid-to-high single-digit growth in consolidated adjusted earnings before interest, taxes, depreciation and amortization (AEBITDA) in 2026 while remaining on track to achieve its 2028 targets of more than $10.55 per share in adjusted EPS and $2 billion in consolidated AEBITDA. Analysts polled by FactSet expect 2028 adjusted EPS of $10.74.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10