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International Game Technology PLC(IGT) - 2024 Q2 - Quarterly Report
2024-07-30 20:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of July 2024 Commission File Number 001-36906 INTERNATIONAL GAME TECHNOLOGY PLC (Translation of registrant's name into English) 10 Finsbury Square, Third Floor London, EC2A 1AF United Kingdom (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual rep ...
International Game Technology PLC(IGT) - 2024 Q2 - Earnings Call Transcript
2024-07-30 17:47
International Game Technology PLC (NYSE:IGT) Q2 2024 Earnings Conference Call July 30, 2024 8:00 AM ET Company Participants James Hurley - Senior Vice President, Investor Relations Vince Sadusky - Chief Executive Officer Max Chiara - Chief Financial Officer Conference Call Participants Jeffrey Stantial - Stifel Barry Jonas - Truist Securities Chad Beynon - Macquarie David Katz - Jefferies Joe Stauff - Susquehanna David Hargreaves - Barclays Operator Thank you for standing by, and welcome to the Internationa ...
International Game Technology PLC(IGT) - 2024 Q2 - Earnings Call Presentation
2024-07-30 14:19
2024 2ªº QUARTER RESULTS Period ended June 30, 2024 2 Cautionary Statement Regarding Forward-Looking Statements This presentation may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters, including with respect to the proposed sale of the Gaming & Digital business to the Apollo Funds. These statements may discuss goals, intentio ...
International Game Technology (IGT) Tops Q2 Earnings Estimates
ZACKS· 2024-07-30 12:55
International Game Technology (IGT) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.14%. A quarter ago, it was expected that this slot machine maker would post earnings of $0.29 per share when it actually produced earnings of $0.46, delivering a surprise of 58.62%.Over the last fou ...
Will IGT (IGT) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-29 17:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? International Game Technology (IGT) , which belongs to the Zacks Gaming industry, could be a great candidate to consider.When looking at the last two reports, this slot machine maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 41.53%, on average, in the last two quarters.For the last reported quart ...
IGT's Gaming and Digital Business and Everi to Be Acquired Simultaneously by Apollo Funds in All-Cash Transaction
Prnewswire· 2024-07-26 10:45
Companies to Move Forward Under Private OwnershipEveri Stockholders to Receive $14.25 Per Share in Cash, Representing a Significant Premium for Stockholders; IGT to Receive $4.05 Billion of Gross Cash ProceedsLONDON and LAS VEGAS, July 26, 2024 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) ("IGT") and Everi Holdings Inc. (NYSE: EVRI) ("Everi") today announced that they have entered into definitive agreements whereby IGT's Gaming & Digital business ("IGT Gaming") and Everi will be simultaneou ...
Does IGT (IGT) Have the Potential to Rally 30.81% as Wall Street Analysts Expect?
ZACKS· 2024-07-24 14:56
Shares of International Game Technology (IGT) have gained 2% over the past four weeks to close the last trading session at $20.64, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $27 indicates a potential upside of 30.8%.The average comprises five short-term price targets ranging from a low of $23 to a high of $33, with a standard deviation of $4.42. While the lowest estimate in ...
Should Value Investors Buy International Game Technology (IGT) Stock?
ZACKS· 2024-07-24 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover IGT (IGT)
ZACKS· 2024-07-24 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...
IGT Named "Best Place to Work for Disability Inclusion" by the 2024 Disability Equality Index
Prnewswire· 2024-07-18 10:45
Company earned top score in the 2024 Disability Equality Index for the second consecutive year in the U.S. and first time in the UK for recognizing disability inclusion in the workplace LONDON, July 18, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it earned a top score in the 2024 Disability Equality Index® and was named a "Best Place to Work for Disability Inclusion" for the second consecutive year in the U.S. and the first time in the UK. In 2024, IGT re ...