Investing.com - IGT reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
IGT announced earnings per share of $0.09 on revenue of $1.05B. Analysts polled by Investing.com anticipated EPS of $0.4941 on revenue of $1.02B.
IGT shares are down 13.68% from the beginning of the year, still down 7.07% from its 52 week high of $32.95 set on November 5, 2021. They are under-performing the S&P 500 which is down 8.23% from the start of the year.
IGT follows other major Consumer Discretionary sector earnings this month
IGT's report follows an earnings beat by Amazon.com on February 3, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Home Depot had beat expectations on February 22 with fourth quarter EPS of $3.21 on revenue of $35.72B, compared to forecast for EPS of $3.18 on revenue of $34.88B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar