Investing.com - IGT reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IGT announced earnings per share of $0.39 on revenue of $1.05B. Analysts polled by Investing.com anticipated EPS of $0.3182 on revenue of $1.04B.
IGT shares are down 36.94% from the beginning of the year, still down 44.67% from its 52 week high of $32.95 set on November 5, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
IGT follows other major Consumer Discretionary sector earnings this month
IGT's report follows an earnings missed by Amazon.com on April 28, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on April 20 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar