World
Worldwide Recreation Expertise (IGT) got here out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.24 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 19.23%. 1 / 4 in the past, it was anticipated that this slot machine maker would submit earnings of $0.35 per share when it truly produced earnings of $0.21, delivering a shock of -40%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
IGT, which belongs to the Zacks Gaming trade, posted revenues of $1.25 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.72%. This compares to year-ago revenues of $1.27 billion. The corporate has topped consensus income estimates two occasions over the past 4 quarters.
The sustainability of the inventory’s instant…