International Game Tech (IGT) Tops Q1 EPS by 16c, provides guidance

International Game Tech (NYSE: IGT) reported Q1 EPS of $0.46, $0.16 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.03 billion.

GUIDANCE:

International Game Tech sees Q2 2024 revenue of $1.05 billion, versus the consensus of $1.095 billion. Operating income margin of ~22%; ~24.5% excluding Separation & divestiture costs

Full Year

Revenue of ~$4.4 billion, versus the consensus of $6.939 billion
Operating income margin of ~21%; ~24% excluding Separation & divestiture costs
Cash from operations of ≥ $1.0 billion
Capital expenditures of ~$500 million

For earnings history and earnings-related data on International Game Tech (IGT) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• JPMorgan Starts ICICI Prudential Asset Management (ICICIAMC:IN) at Overweight
• Wintermar acquires full control of Fast Offshore Supply, adding 5 new CTVs