Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Light & Wonder (LNW)
NASDAQ:LNW
Holding LNW?
Track your performance easily
Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.94Last Year’s EPS
$0.73Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: -16.66%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with consistent revenue growth across business segments and successful market expansions. Despite some challenges such as legal costs and the Dragon Train injunction, the company's diverse portfolio and strategic initiatives are expected to sustain growth.Company Guidance
During the Light & Wonder Q3 2024 earnings call, the company reported a 12% year-over-year increase in consolidated revenue, marking its 14th consecutive quarter of revenue growth and 9th consecutive quarter of double-digit growth. The North American premium installed base grew for the 17th consecutive quarter, making up approximately 50% of the total North American base, with revenue per day in North America remaining strong at over $49. Game sales achieved record global shipments of over 13,000 units, and the company held the #1 ship share in North America in Q2. Consolidated AEBITDA rose 12% to $319 million, with an AEBITDA margin of 39%. Adjusted NPATA increased by 23% to $122 million, with adjusted NPATA per share climbing 24% to $1.34. The company is targeting consolidated EBITDA growth above 10% for the full year and has set a 2025 adjusted NPATA range of $565 million to $635 million.Consistent Revenue Growth
Light & Wonder reported a 12% increase in consolidated revenue year-over-year, marking the 14th consecutive quarter of revenue growth and 9th consecutive quarter of double-digit growth.
Gaming Segment Performance
Revenue in the gaming business grew 15% year-over-year to $537 million, driven by a 38% increase in global gaming machine sales.
Strong SidePlay and iGaming Performance
SidePlay revenue increased 5% year-over-year, with record revenues from Quick Hit and 88 Fortunes. iGaming maintained record revenues of $74 million, up 6% year-over-year.
Positive Market Expansion
Light & Wonder entered the Manitoba VLT market and announced a presence in the ASX 100 in Australia, indicating successful market expansion.
Strong Cash Flow and Balance Sheet
The company reported $119 million in consolidated operating cash flow and $83 million in free cash flow for the quarter, with a net debt leverage ratio reduced to 2.9x.
---
LNW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
LNW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $102.50 | $92.28 | -9.97% |
| Aug 07, 2024 | $100.50 | $102.31 | +1.80% |
| May 08, 2024 | $96.52 | $91.55 | -5.15% |
| Feb 27, 2024 | $96.60 | $97.45 | +0.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Light & Wonder (LNW) report earnings?
Light & Wonder (LNW) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Light & Wonder (LNW) earnings time?
Light & Wonder (LNW) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LNW EPS forecast?
LNW EPS forecast for the fiscal quarter 2024 (Q4) is $0.94.
---