Light & Wonder(LNW)

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Light & Wonder (LNW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-31 15:06
The earnings report, which is expected to be released on August 7, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. This instant-win lottery ticket maker is expected to post quarterly earnings of $1.04 per share in its upcoming report, which represents a year-over-year change of +2%. The consensus EPS estimate for the quarter has been revised 0.74% higher over the last 30 days to the current level. This is es ...
Here's Why Light & Wonder (LNW) is a Strong Value Stock
ZACKS· 2024-07-26 14:41
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperfor ...
Here's Why Light & Wonder (LNW) is a Strong Momentum Stock
ZACKS· 2024-06-27 14:55
Zacks Style Scores Overview - Zacks Style Scores are complementary indicators that rate stocks based on three widely-followed investing methodologies: Value, Growth, and Momentum [17] - Each stock is given an alphabetic rating of A, B, C, D, or F based on their value, growth, and momentum qualities, with A being the best [8] - The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank [18] Value Investing - Value investors utilize ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to identify the most attractive and discounted stocks [2] - The Value Style Score helps investors find stocks that are undervalued before the broader market recognizes their true value [2] Growth Investing - Growth investors focus on a company's financial strength, health, and future outlook [9] - The Growth Style Score examines projected and historic earnings, sales, and cash flow to identify stocks with sustainable growth potential [9] Momentum Investing - Momentum investors take advantage of upward or downward trends in a stock's price or earnings outlook [22] - The Momentum Style Score uses factors like one-week price change and monthly percentage change in earnings estimates to determine favorable times to buy high-momentum stocks [22] Zacks Rank and Style Scores - The Zacks Rank employs earnings estimate revisions to make building a winning portfolio easier [14] - To maximize returns, investors should pick stocks with a Zacks Rank 1 or 2 and Style Scores of A or B [11] - Stocks with a 4 (Sell) or 5 (Strong Sell) rating, even with high Style Scores, are likely to have declining earnings forecasts and share prices [24] Light & Wonder (LNW) Analysis - LNW is a 3 (Hold) on the Zacks Rank with a VGM Score of A [16] - The company has a Momentum Style Score of B, and its shares are up 11.3% over the past four weeks [25] - Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024, increasing the Zacks Consensus Estimate by $0.26 to $4.15 per share [6] - LNW boasts an average earnings surprise of 82.7% [6] Zacks Premium Features - Zacks Premium offers access to daily updates of the Zacks Rank, Zacks Industry Rank, Zacks 1 Rank List, Equity Research reports, and Premium stock screens [13] - The service includes the Zacks Style Scores, helping investors become smarter and more self-assured [21] Stock Selection Strategy - Investors should aim to own stocks with a 1 or 2 Rank and Style Scores of A or B to maximize potential returns [5] - The VGM Score helps narrow down companies with the most attractive value, best growth forecast, and most promising momentum [18]
Why Is Light & Wonder (LNW) Up 9.1% Since Last Earnings Report?
ZACKS· 2024-06-07 16:37
A month has gone by since the last earnings report for Light & Wonder (LNW) . Shares have added about 9.1% in that time frame, outperforming the S&P 500. 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 its most recent earnings report in order to get a better handle on the important drivers. Light & Wonder Q1 Earnings Top on Solid Revenue ...
Why Light & Wonder (LNW) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-06-06 14:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value ...
Light & Wonder (LNW) Q1 Earnings Top on Solid Revenue Growth
Zacks Investment Research· 2024-05-09 12:51
Light & Wonder, Inc. (LNW) reported strong first-quarter 2024 results, wherein both the top and bottom lines beat the respective Zacks Consensus Estimate. The Las Vegas-based cross-platform games and entertainment company reported double-digit revenue growth year over year in each of the segments for six consecutive quarters, which exemplified its portfolio strength and resilient business model.Bottom LineNet income for the reported quarter increased to $82 million or 88 cents per share from $22 million or ...
Light & Wonder(LNW) - 2024 Q1 - Earnings Call Transcript
2024-05-09 03:26
Light & Wonder, Inc. (NASDAQ:LNW) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Nick Zangari - SVP, IR Matthew Wilson - EVP and Group Chief Executive, Gaming Oliver Chow - CFO Conference Call Participants Barry Jonas - Truist Securities Chad Beynon - Macquarie Rohan Gallagher - Jarden Ryan Sigdahl - Craig-Hallum Rohan Sundram - MST Marquee David Katz - Jefferies Jeff Stantial - Stifel Justin Barratt - CLSA Paul Mason - Evans and Partners Allan Franklin - Canaccord Genuity Oper ...
Here's What Key Metrics Tell Us About Light & Wonder (LNW) Q1 Earnings
Zacks Investment Research· 2024-05-09 00:01
Light & Wonder (LNW) reported $756 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.8%. EPS of $0.93 for the same period compares to $0.23 a year ago.The reported revenue represents a surprise of +3.28% over the Zacks Consensus Estimate of $732.01 million. With the consensus EPS estimate being $0.70, the EPS surprise was +32.86%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...
Light & Wonder (LNW) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-05-08 23:31
Light & Wonder (LNW) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 32.86%. A quarter ago, it was expected that this instant-win lottery ticket maker would post earnings of $0.76 per share when it actually produced earnings of $0.73, delivering a surprise of -3.95%.Over the last four ...
Light & Wonder(LNW) - 2024 Q1 - Quarterly Report
2024-05-08 20:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-11693 LIGHT & WONDER, INC. (Exact name of registrant as specified in its charter) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Washington, D.C. 20549 Nevada 81-0422894 (State or other jurisdiction of incorp ...