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International Game Technology (IGT)
:IGT
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.17Last Year’s EPS
0.36Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: -6.37%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture for IGT. While there were notable achievements in iLottery sales growth and innovative product launches, these were overshadowed by significant revenue declines and macroeconomic challenges. The company anticipates potential recovery in the latter half of the year but remains cautious due to ongoing uncertainties.Company Guidance
During the International Game Technology (IGT) First Quarter 2025 Earnings Conference Call, the company provided guidance indicating a slightly cautious outlook due to macroeconomic uncertainties and lower-than-expected jackpot activity. Despite this, IGT reported a strong EBITDA of $250 million at a 43% margin, with a 67% cash conversion rate. The company anticipates full-year 2025 revenue of approximately $2.55 billion and adjusted EBITDA of $1.1 billion, aligning with the low end of previous expectations. Key performance drivers included a 1.5% increase in global same-store sales for instant and draw games, a significant 26% rise in iLottery sales, and substantial growth in retail touchpoints. Additionally, IGT highlighted strategic initiatives like the new $5 Mega Millions game and the expansion of self-service lottery vending machines as contributors to long-term growth. Despite external challenges, IGT remains optimistic about its resilient profit structure and capacity for future growth.iLottery Sales Growth
iLottery sales increased by 26% due to new e-instant game launches, with Georgia achieving over $100 million in sales in March.
Strong Financial Condition
IGT maintained a strong financial condition with pro forma net debt leverage below 3x, and a cash conversion ratio of 67%.
Innovative Product Launches
New product innovations, such as the Mega Millions $5 price point and new instant ticket games in Italy, have been well-received, with Italy reporting a 2% normalized same-store sales growth.
LotteryLink Product Recognition
LotteryLink was recognized as Lottery Product of the Year at ICE, indicating strong industry interest and potential future growth.
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IGT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IGT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $17.89 | $16.19 | -9.50% |
Feb 25, 2025 | $17.82 | $18.14 | +1.80% |
Nov 12, 2024 | $20.94 | $20.53 | -1.96% |
Jul 30, 2024 | $22.73 | $22.14 | -2.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does International Game Technology (IGT) report earnings?
International Game Technology (IGT) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is International Game Technology (IGT) earnings time?
International Game Technology (IGT) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IGT EPS forecast?
IGT EPS forecast for the fiscal quarter 2025 (Q2) is 0.17.
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