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Light & Wonder: How Far Can The Growth Momentum Last?
LNWLight & Wonder(LNW) Seeking Alpha·2024-08-20 03:23

John Rensten/DigitalVision via Getty Images Light & Wonder, Inc. (NASDAQ:LNW) has continued its great growth momentum even above previously anticipated levels, again exceeding revenue expectations with the recently reported Q2 financials. The reported revenues of 818millionbeatWallStreetsestimatesby818 million beat Wall Street's estimates by 20.7 million, but the EPS of 0.90missedby0.90 missed by 0.14 despite consistent continued momentum. I believe that there needs to be some caution in extrapolating the growth much further, though. In my previous a ...