Light & Wonder (LNW) Q4 Earnings and Revenues Surpass Estimates

Core Insights - Light & Wonder (LNW) reported quarterly earnings of $1.42 per share, exceeding the Zacks Consensus Estimate of$1.08 per share, and showing a significant increase from $0.73 per share a year ago, resulting in an earnings surprise of 31.48$797 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.22% and up from 770 million year-over-year [2] - Light & Wonder's stock has increased approximately 16.5% since the beginning of the year, outperforming the S&P 500's gain of 1.7% [3] Earnings Outlook - The future performance of Light & Wonder's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - Current consensus EPS estimate for the upcoming quarter is 1.26 on revenues of $814.57 million, and for the current fiscal year, it is$5.66 on revenues of $3.45 billion [7] Industry Context - The Gaming industry, to which Light & Wonder belongs, is currently ranked in the top 18% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]