Light & Wonder (LNW) Up 6.5% Since Last Earnings Report: Can It Continue?

Core Viewpoint - Light & Wonder (LNW) shares have increased by approximately 6.5% over the past month, outperforming the S&P 500, but there are concerns about whether this positive trend will continue leading up to the next earnings release [1] Group 1: Earnings Estimates - Estimates for Light & Wonder have trended downward over the past month, with a consensus estimate shift of -5.64% [2] - The overall direction and magnitude of estimate revisions indicate a downward shift, resulting in a Zacks Rank 3 (Hold) for Light & Wonder, suggesting an expectation of in-line returns in the coming months [4] Group 2: VGM Scores - Light & Wonder has a strong Growth Score of A, a Momentum Score of A, and a Value Score of A, placing it in the top 20% for this investment strategy, leading to an aggregate VGM Score of A [3] Group 3: Industry Performance - Light & Wonder is part of the Zacks Gaming industry, where Boyd Gaming (BYD) has gained 2.4% over the past month, reporting revenues of $991.57 million for the last quarter, reflecting a year-over-year increase of +3.2% [5] - Boyd Gaming is expected to post earnings of $1.62 per share for the current quarter, indicating a change of +2.5% from the previous year, with a Zacks Consensus Estimate change of -0.2% over the last 30 days, also holding a Zacks Rank 3 (Hold) and a VGM Score of A [6]