International Game Technology (NYSE:IGT) Issues Quarterly Earnings Results

Market Beat
2025.02.25 14:34
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International Game Technology (NYSE:IGT) reported quarterly earnings of $0.22 EPS, missing estimates of $0.32. Revenue was $651 million, below the expected $657.84 million, marking a 4.4% year-over-year decline. The company had a net margin of 4.17% and a return on equity of 16.17%. IGT updated its FY 2025 guidance. Analysts have a consensus rating of "Moderate Buy" with an average target price of $28.00. The stock opened at $17.14, with a market cap of $3.41 billion and a P/E ratio of 29.13.