Scientific Games Q4 Earnings Preview
Scientific Games (NASDAQ: SGMS) unveils its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement
Earnings and Revenue
Based on management's projections, Scientific Games analysts modeled for a loss of 27 cents per share on sales of $810.43 million.
In the same quarter last year, Scientific Games posted an earnings loss of 48 cents per share on sales of $752.2 million. Analysts estimate would represent a 43.75 percent decrease in the company's earnings. Revenue would be up 7.74 percent on a year-over-year basis.
Scientific Games's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | -0.43 | -0.52 | -0.72 | -0.89 |
EPS Actual | -0.66 | -0.44 | -0.87 | -0.48 |
Stock Performance
Over the last 52-week period, shares are up 131.3 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Scientific Games stock is a Sell. The strength of this rating has dwindled over the past 90 days.
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