ASX:LNWHospitality
Light & Wonder (ASX:LNW) Q4 EPS Loss Tests Bullish Recurring Revenue Narrative
Light & Wonder (ASX:LNW) closed out FY 2025 with Q4 revenue of US$890 million and a basic EPS loss of US$0.19, in a year where trailing 12 month EPS stood at US$3.33 on revenue of about US$3.3 billion. Over the past six quarters, revenue has ranged from US$774 million to US$890 million, while quarterly basic EPS moved from US$0.72 in late 2024 to US$1.36 in Q3 2025 before the Q4 loss. This sets up a story where investors will focus on how a trailing net margin of 8.3% and a recent one off hit...