International Game Technology
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict International Game Technology's revenues will grow 5.3% and EPS will increase 20.0%.
The average estimate for revenue is $569.9 million. On the bottom line, the average EPS estimate is $0.30.
Revenue details
Last quarter, International Game Technology reported revenue of $530.3 million. GAAP reported sales were 19% higher than the prior-year quarter's $445.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.28. GAAP EPS of $0.24 for Q1 were 41% higher than the prior-year quarter's $0.17 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 58.4%, 190 basis points better than the prior-year quarter. Operating margin was 25.6%, 320 basis points better than the prior-year quarter. Net margin was 12.3%, 120 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $2.28 billion. The average EPS estimate is $1.26.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 650 members out of 694 rating the stock outperform, and 44 members rating it underperform. Among 176 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 168 give International Game Technology a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on International Game Technology is outperform, with an average price target of $16.60.
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