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0 0 9.73236009732858E-05 -0.000486618004866152 -0.00102189781021902 -0.000681265206812586 -0.00350364963503649 -0.00549878345498781
Stock impact report

Light & Wonder (LNW) Up 6.7% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

Light & Wonder, Inc. (LNW) 
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Light & Wonder due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Light & Wonder's (LNW) Q4 Earnings Miss, Revenues Up Y/Y Light & Wonder reported mixed fourth-quarter 2023 results, wherein the top line beat the Zacks Consensus Estimate but the bottom line missed the same. The Las Vegas-based cross-platform games and entertainment company reported higher revenues year over year, backed by rapid sales growth across all segments. Bottom Line Net income from continuing operations increased to $67 million or 73 cents per share from $21 million or 12 cents per share reported in the year-ago quarter, which missed the Zacks Consensus Estimate by 3 cents. Higher revenues primarily contributed to the year-over-year growth. For 2023, the com Show less Read more
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