Categories Earnings, Leisure & Entertainment

International Game Technology PLC (IGT): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— International Game Technology (NYSE: IGT) reported earnings of $0.31 per share in the fourth quarter of 2019 vs. $0.24 per share expected.  

— Q4 revenues fell 1% to $1.25 billion, vs $1.23 billion expected. Total revenues were hurt by lower service revenues from reduced North American multistate jackpot activity and impact of Italy gaming machine taxes.

— For 2020, the company expects operating income of $740-790 million. Capital expenditures are projected in the range of $400-500 million. 

— IGT shares grew 1.4% during pre-market hours on Tuesday.  

Listen to on-demand earnings calls and hear how management responds to analysts’ questions

Most Popular

Micron Technology (MU) Q3 Earnings: Key financials and quarterly highlights

Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared

Constellation Brands (STZ): Earnings beat and share structure revamp put brewer in the spotlight

Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.

Infographic: Key highlights from Constellation Brands (STZ) Q1 2023 earnings results

Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top