Having topped analysts' estimates last quarter by 2 cents per share, International Game Technology (NYSE:IGT) is expected to deliver its latest earnings on Tuesday, July 24, 2012.
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Analysts currently expect International Game Technology to come in with earnings of 28 cents per share on revenues of $563.8 million. Estimates from analysts range from 23 cents per share to 31 cents per share. Over the past three months, the average estimate has moved down from 29 cents.
Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen 49 cents per share.
Company Fundamental Trends
Analysts are bullish on the stock as 13 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the second quarter, profit fell 11.1% to $61.9 million (21 cents a share) from $69.6 million (23 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 9.9% to $541.2 million from $492.3 million.
Reporting Period: 3Q
Date of Release: Tuesday, July 24, 2012
EPS: 28 cents
Revenue Estimate: $563.8 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)