(Updated - May 21, 2018 4:25 PM EDT)

International Game Tech (NYSE: IGT) reported Q1 EPS of $0.15, $0.12 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.16 billion.

Outlook

• Adjusted EBITDA of $1,700-$1,780 million
• Unchanged from prior outlook
• Inclusive of $10-$15 million negative impact from treatment of intellectual property contracts under ASC 606
• Capital expenditures of $575-$625 million
• Average EUR/USD exchange rate assumption of 1.22

For earnings history and earnings-related data on International Game Tech (IGT) click here.

Earnings Guidance

International Game Tech (IGT) Prices 13.2M Share Registered Public Offering at $28.25/Sh Related to 18M Share Variable Forward Transaction by De Agostini S.p.A.May 23, 2018 5:51 AM International Game Tech (IGT) Reports Variable Forward Transaction By De Agostini S.p.A.May 21, 2018 4:54 PM International Game Technology PLC Reports First Quarter 2018 ResultsMay 21, 2018 4:22 PM