LAS VEGAS (AP) — LAS VEGAS (AP) — Light & Wonder, Inc. (LNW) on Tuesday reported fourth-quarter net income of $107 million.
The Las Vegas-based company said it had net income of $1.20 per share. Earnings, adjusted for one-time gains and costs, were $1.42 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The instant-win lottery ticket maker posted revenue of $797 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $795.3 million.
For the year, the company reported profit of $336 million, or $3.68 per share. Revenue was reported as $3.19 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNW at https://www.zacks.com/ap/LNW
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。