LAS VEGAS (AP) — LAS VEGAS (AP) — Light & Wonder, Inc. (LNW) on Wednesday reported third-quarter net income of $114 million.
On a per-share basis, the Las Vegas-based company said it had net income of $1.34. Earnings, adjusted for one-time gains and costs, were $1.81 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.
The instant-win lottery ticket maker posted revenue of $841 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $862.6 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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