International Game Technology (IGT) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.14%. A quarter ago, it was expected that this slot machine maker would post earnings of $0.29 per share when it actually produced earnings of $0.46, delivering a surprise of 58.62%.Over the last fou ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? International Game Technology (IGT) , which belongs to the Zacks Gaming industry, could be a great candidate to consider.When looking at the last two reports, this slot machine maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 41.53%, on average, in the last two quarters.For the last reported quart ...

Companies to Move Forward Under Private OwnershipEveri Stockholders to Receive $14.25 Per Share in Cash, Representing a Significant Premium for Stockholders; IGT to Receive $4.05 Billion of Gross Cash ProceedsLONDON and LAS VEGAS, July 26, 2024 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) ("IGT") and Everi Holdings Inc. (NYSE: EVRI) ("Everi") today announced that they have entered into definitive agreements whereby IGT's Gaming & Digital business ("IGT Gaming") and Everi will be simultaneou ...

Shares of International Game Technology (IGT) have gained 2% over the past four weeks to close the last trading session at $20.64, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $27 indicates a potential upside of 30.8%.The average comprises five short-term price targets ranging from a low of $23 to a high of $33, with a standard deviation of $4.42. While the lowest estimate in ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...

Company earned top score in the 2024 Disability Equality Index for the second consecutive year in the U.S. and first time in the UK for recognizing disability inclusion in the workplace LONDON, July 18, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it earned a top score in the 2024 Disability Equality Index® and was named a "Best Place to Work for Disability Inclusion" for the second consecutive year in the U.S. and the first time in the UK. In 2024, IGT re ...

Longtime industry visionary to be honored during World Lottery Summit 2024LONDON, July 17, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that Renato Ascoli, IGT CEO Global Lottery, will be inducted into the Lottery Industry Hall of Fame as a member of the Class of 2024. Ascoli will be honored later this year at an event hosted by the Public Gaming Research Institute (PGRI) in conjunction with the World Lottery Summit in Paris."With nearly 20 years of experience s ...

Company exhibits leading sustainability practices in 17th annual reportLONDON, July 10, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today the release of its 2023 Sustainability Report, showcasing the Company's strong commitment to global sustainability and continued growth of its environmental, social and governance (ESG) performance driven by its Sustainable Play™ initiatives. IGT's 2023 Sustainability Report"The 2023 IGT Sustainability Report highlights our ongoing ...

Company signs five-year contract to resume supplying its instant ticket games to the regionLONDON, July 9, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that its subsidiary, IGT Global Solutions Corporation, has signed a five-year contract with Organización Nacional de Ciegos Espanoles ("ONCE") to print exciting instant ticket games for lottery players in Spain. As part of the contract, which runs through 2029, IGT will print a portion of ONCE's new instant ticket ...