A month has gone by since the last earnings report for Light & Wonder (LNW) . Shares have added about 6.5% 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.How Have Estimates Been Moving Since Then?It turn ...

LNW NASDAQ • ASX L I S T E D I NVE ST OR DAY New York City • May 20, 2025 INVESTOR DAY 2025 3 LNW NASDAQ • ASX L I S T E D INVESTOR DAY 2025 2 Agenda LNW NASDAQ • ASX L I S T E D | Introduction | Business Overview and Strategy | | --- | --- | | Products, Business Verticals, | Our Unique Business Model and Leading | | & Cross-Platform | Positions | | Expert Panel | Differentiation Among Gaming Industry | | Financials | Robust Foundation and Opportunity for | | | Continued Growth | | Q&A | | INVESTOR DAY 2025 ...

Light & Wonder (LNW) 2025 Investor Day May 20, 2025 02:00 PM ET Speaker0 Please welcome senior vice president investor relations and treasury, Nick Zengari. Speaker1 Welcome, everyone. Thank you all for being here today at the Light and Wonder twenty twenty five Investor Day. Whether you've traveled to be with us in person or joining us remotely, we truly appreciate your time and interest in our company. With me today are Jamie O'Dell, our board chairman Tony Corzanos, our vice chair Matt Wilson, our presid ...

Ever since Light & Wonder (NASDAQ: LNW ) went back to basics—selling off its lottery arm to Brookfield and its sports betting unit to Endeavor, wiping out over $1 billion in net debt—the stock has skyrocketed 900%. ThatI am an Equity Analyst and Accountant specializing in restaurant stocks, with a solid foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing re ...

Light & Wonder, Inc. (NASDAQ: LNW ) might be listed as a gaming stock, but we believe it is evolving into something far more valuable: a diversified, cross-platform content business with high margins, strong recurring revenues, and an expanding digital footprint.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ...

Light & Wonder, Inc. (LNW) reported modest first-quarter 2025 results, wherein the adjusted earnings surpassed the respective Zacks Consensus Estimate while revenues missed the same.The Las Vegas-based cross-platform games and entertainment company reported year-over-year revenue growth, demonstrating the strength of its portfolio and resilient business model. Management’s strong emphasis on implementing automation, standardization, AI tools and process development to drive organizational efficiency and sca ...

Here is how Light & Wonder performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: View all Key Company Metrics for Light & Wonder here>>> Shares of Light & Wonder have returned +20.7% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Revenue- SciPlay: $202 million compared to the $222.59 million a ...

This quarterly report represents an earnings surprise of 15.38%. A quarter ago, it was expected that this instant- win lottery ticket maker would post earnings of $1.08 per share when it actually produced earnings of $1.42, delivering a surprise of 31.48%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Light & Wonder (LNW) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $0.9 ...

Financial Data and Key Metrics Changes - The company reported consolidated revenue growth of 2% year over year to $774 million, marking the sixteenth consecutive quarter of revenue growth [21] - Net income increased to $82 million, with diluted net income per share rising to $0.94 from $0.88 in the prior year [22] - Consolidated EBITDA grew by 11% to $311 million, resulting in a consolidated EBITDA margin of 40%, a 300 basis point increase year over year [22][24] Business Line Data and Key Metrics Changes - Gaming revenue reached $495 million, a 4% increase, with EBITDA growing 9% to $254 million, reflecting a margin expansion of 200 basis points to 51% [24][26] - SciPlay revenue was $202 million, with EBITDA growing 3% to $64 million, representing a margin of 32% [27] - iGaming revenue increased by 4% to $77 million, with EBITDA growing 8% to a record $27 million [30] Market Data and Key Metrics Changes - The North American installed gaming base increased by approximately 500 units sequentially, with over 34,000 units now in operation [8][25] - Global gaming machine sales were $208 million, up 1% year over year, with a 26% increase in North American replacement market shipments [25][26] - The U.S. and Canada markets saw GGR increases of 3011% year over year, indicating strong market performance [14] Company Strategy and Development Direction - The company is focused on a comprehensive product roadmap and operational excellence, aiming for sustainable growth through R&D investments [5][6] - A strategic acquisition of Grover Gaming's charitable gaming asset is expected to enhance the company's role in the global gaming market [17][18] - The company plans to continue leveraging its diverse game franchises and first-party content to drive future growth [16][32] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the gaming industry's resilience despite potential macroeconomic challenges [6][7] - The company is committed to achieving its 2025 consolidated EBITDA target of $1.4 billion, despite tariff headwinds [35] - Management noted that GGR remains a critical metric, with strong performance observed across U.S. markets [86] Other Important Information - The company has implemented measures to mitigate tariff impacts, including diversifying the supply chain and pulling forward inventory [41][91] - The direct-to-consumer (DTC) platform has seen significant growth, now accounting for over 13% of revenue, with plans for further expansion [13][56] - The company is preparing for an upcoming Investor Day to discuss its fundamentals and growth strategy [19][20] Q&A Session Summary Question: Impact of tariffs on the business - Management indicated that tariffs are currently manageable, with strategies in place to mitigate costs and maintain targets [41][42][44] Question: U.S. Gaming operations yield - Management noted that weather-related factors impacted yields, but overall trading has returned to normal [50][51] Question: SciPlay business and DTC strategy - Management expressed excitement about a recent favorable ruling regarding alternative payment methods, which will support DTC growth [56][57] Question: International gaming business performance - Management acknowledged a decline in the international installed base but attributed it to tough comparisons from the previous year [62][63] Question: Update on dual listing exploration - Management confirmed ongoing discussions about an Australian listing but indicated a cautious approach due to market uncertainties [72][74] Question: Pathways to achieve EBITDA guidance - Management highlighted the importance of maintaining momentum in gaming operations and optimizing costs to reach the $1.4 billion EBITDA target [78][84]

Light & Wonder (LNW) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Welcome to the Light and Wonder twenty twenty five Third Quarter Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. Thank you. I will now turn the call over to Nick Zengari, Senior Vice President, Investor Relations and Treasury. Please go ahead. Speaker1 Thank you, operator, and welcome everyone to our first quarter twenty twe ...