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 9.5% and EPS will grow 39.1%.
The average estimate for revenue is $583.3 million. On the bottom line, the average EPS estimate is $0.32.
Last quarter, International Game Technology logged revenue of $600.0 million. GAAP reported sales were 11% higher than the prior-year quarter's $541.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.36. GAAP EPS of $0.29 for Q2 were 38% higher than the prior-year quarter's $0.21 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 56.9%, 100 basis points worse than the prior-year quarter. Operating margin was 25.5%, 150 basis points better than the prior-year quarter. Net margin was 13.0%, 160 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.31 billion. The average EPS estimate is $1.30.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 652 members out of 696 rating the stock outperform, and 44 members rating it underperform. Among 176 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 169 give International Game Technology a green thumbs-up, and seven 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 $17.26.
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