Light & Wonder Q2 Adj. EPS $1.99 Beats $1.54 Estimate, Sales $828.000M Miss $853.305M Estimate
Light & Wonder (NASDAQ:LNW) reported quarterly earnings of $1.99 per share which beat the analyst consensus estimate of $1.54 by 29.22 percent. This is a 25.95 percent increase over earnings of $1.58 per share from
Light & Wonder made more profit per share than experts thought (the good part), but brought in less total money than expected (the tricky part). When a company beats on profits but misses on sales, watch to see if they're just cutting costs or if their actual business is slowing down.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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