International Game Technology PLC Reports First Quarter 2016 Results

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Go back to International Game Technology PLC Reports First Quarter 2016 Results

Sterne Agee CRT Raises Price Target on International Game Tech (IGT) to $20.50; Reiterates Neutral

May 27, 2016 8:27 AM EDT

Sterne Agee CRT reiterated a Neutral rating on International Game Tech (NYSE: IGT), and raised the price target to $20.50 (from $19.00), to reflect more visible, post-merger diversified business trends. IGT possesses diversification levers for quarterly stability and pockets of upside even as North American gaming... More

International Game Tech (IGT) Tops Q1 EPS by 9c

May 26, 2016 6:50 AM EDT

International Game Tech (NYSE: IGT) reported Q1 EPS of $0.57, $0.09 better than the analyst estimate of $0.48. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.28 billion.

Guidance:

The Company continues to expect to achieve adjusted EBITDA of... More