LAS VEGAS (AP) — LAS VEGAS (AP) — Light & Wonder, Inc. (LNW) on Wednesday reported second-quarter profit of $95 million.
The Las Vegas-based company said it had profit of $1.11 per share. Earnings, adjusted for one-time gains and costs, came to $1.58 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.
The instant-win lottery ticket maker posted revenue of $809 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $860 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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