Light & Wonder: Q4 Earnings Snapshot

LAS VEGAS (AP) — LAS VEGAS (AP) — Light & Wonder, Inc. (LNW) on Tuesday reported fourth-quarter earnings of $66 million.

The Las Vegas-based company said it had profit of 73 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The instant-win lottery ticket maker posted revenue of $770 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $753.2 million.

For the year, the company reported profit of $163 million, or $1.75 per share. Revenue was reported as $2.9 billion.

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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