Light & Wonder: Q3 Earnings Snapshot

LAS VEGAS (AP) — LAS VEGAS (AP) — Light & Wonder, Inc. (LNW) on Tuesday reported third-quarter earnings of $64 million.

The Las Vegas-based company said it had profit of 71 cents per share. Earnings, adjusted for one-time gains and costs, were $1.34 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.

The instant-win lottery ticket maker posted revenue of $817 million in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $826.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNW at https://www.zacks.com/ap/LNW

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