Light & Wonder (LNW) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Light & Wonder (LNW) reported $797 million in revenue for Q4 2024, a year-over-year increase of 3.5% and an EPS of $1.42 compared to $0.73 a year ago, exceeding the Zacks Consensus Estimate of $795.27 million by +0.22% and delivering an EPS surprise of +31.48% [1] Revenue Breakdown - SciPlay revenue was $204 million, below the average estimate of $220.31 million, with no year-over-year change [4] - Gaming revenue reached $515 million, surpassing the average estimate of $503.14 million, reflecting a year-over-year increase of +3.8% [4] - iGaming revenue was reported at $78 million, exceeding the average estimate of $76.07 million, with a year-over-year change of +11.4% [4] AEBITDA Performance - AEBITDA for Gaming was $257 million, slightly above the average estimate of $252.76 million [4] - AEBITDA for Corporate was reported at -$41 million, compared to the average estimate of -$39.59 million [4] - AEBITDA for iGaming was $25 million, slightly above the average estimate of $24.96 million [4] - AEBITDA for SciPlay was $74 million, exceeding the average estimate of $73.17 million [4] Stock Performance - Light & Wonder shares returned +15.3% over the past month, contrasting with the Zacks S&P 500 composite's -1.8% change, and the stock currently holds a Zacks Rank 3 (Hold) [3]