Light & Wonder Future Growth

Future criteria checks 4/6

Light & Wonder is forecast to grow earnings and revenue by 26.2% and 6.5% per annum respectively. EPS is expected to grow by 26.2% per annum. Return on equity is forecast to be 37% in 3 years.

Key information

26.2%

Earnings growth rate

26.2%

EPS growth rate

Hospitality earnings growth	19.5%
Revenue growth rate	6.5%
Future return on equity	37.0%
Analyst coverage	Good
Last updated	10 Apr 2024

Recent future growth updates

Recent updates

Unpleasant Surprises Could Be In Store For Light & Wonder, Inc.'s (NASDAQ:LNW) Shares

Apr 15

An Intrinsic Calculation For Light & Wonder, Inc. (NASDAQ:LNW) Suggests It's 30% Undervalued

Mar 15

Light & Wonder: This Gambling Tech Operator Transformed Into A Strong Sector Entry

Mar 11

These 4 Measures Indicate That Light & Wonder (NASDAQ:LNW) Is Using Debt Extensively

Nov 01

Are Investors Undervaluing Light & Wonder, Inc. (NASDAQ:LNW) By 48%?

Sep 20

Does Light & Wonder (NASDAQ:LNW) Have A Healthy Balance Sheet?

Aug 01

Is Now The Time To Look At Buying Light & Wonder, Inc. (NASDAQ:LNW)?

Jul 11

There's Reason For Concern Over Light & Wonder, Inc.'s (NASDAQ:LNW) Price

Jun 16

Light & Wonder, Inc.'s (NASDAQ:LNW) Intrinsic Value Is Potentially 54% Above Its Share Price

May 29

Here's Why Light & Wonder (NASDAQ:LNW) Has A Meaningful Debt Burden

Apr 14

Why Light & Wonder, Inc. (NASDAQ:LNW) Could Be Worth Watching

Mar 03

Is Light & Wonder (NASDAQ:LNW) A Risky Investment?

Jan 07

Are Investors Undervaluing Light & Wonder, Inc. (NASDAQ:LNW) By 49%?

Nov 08

Light & Wonder acquires House Advantage assets

Oct 06

Light & Wonder appoints Matt Wilson as interim CEO

Aug 30

Light & Wonder GAAP EPS of -$1.62 misses by $1.67, revenue of $610M beats by $13.93M

Aug 09

An Intrinsic Calculation For Light & Wonder, Inc. (NASDAQ:LNW) Suggests It's 34% Undervalued

Aug 03

Light & Wonder amends purchase agreement with Endeavor

Jun 30

What Does Light & Wonder, Inc.'s (NASDAQ:LNW) Share Price Indicate?

May 24

Scientific Games: Transformed, Rationalized To Tighter Focus On 2 Verticals Only

Apr 27

Estimating The Fair Value Of Scientific Games Corporation (NASDAQ:SGMS)

Apr 19

Is Scientific Games Corporation (NASDAQ:SGMS) Potentially Undervalued?

Feb 07

Earnings and Revenue Growth Forecasts

NasdaqGS:LNW - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,632	579	668	996	9
12/31/2025	3,406	463	613	871	17
12/31/2024	3,128	342	491	747	17
12/31/2023	2,902	163	348	590	N/A
9/30/2023	2,813	108	96	336	N/A
6/30/2023	2,729	46	-447	-219	N/A
3/31/2023	2,610	-107	-516	-290	N/A
12/31/2022	2,512	-198	-597	-381	N/A
9/30/2022	2,411	-152	-279	-68	N/A
6/30/2022	2,302	-69	274	470	N/A
3/31/2022	2,272	30	477	656	N/A
12/31/2021	2,153	5	514	685	N/A
9/30/2021	2,052	-203	463	618	N/A
6/30/2021	1,946	-492	451	571	N/A
3/31/2021	1,427	-757	355	474	N/A
12/31/2020	1,699	-822	334	471	N/A
9/30/2020	2,082	-715	277	455	N/A
6/30/2020	2,505	-508	211	456	N/A
3/31/2020	3,288	-265	228	499	N/A
12/31/2019	2,388	-342	322	546	N/A
9/30/2019	3,422	120	88	393	N/A
6/30/2019	3,388	-245	153	476	N/A
3/31/2019	3,388	-174	113	483	N/A
12/31/2018	3,363	-352	-45	346	N/A
9/30/2018	3,301	-602	102	474	N/A
6/30/2018	3,249	-310	6	360	N/A
3/31/2018	3,170	-343	106	426	N/A
12/31/2017	3,084	-242	213	507	N/A
9/30/2017	3,013	-310	N/A	465	N/A
6/30/2017	2,964	-350	N/A	507	N/A
3/31/2017	2,927	-362	N/A	429	N/A
12/31/2016	2,883	-354	N/A	419	N/A
9/30/2016	2,868	-370	N/A	502	N/A
6/30/2016	2,820	-1,350	N/A	492	N/A
3/31/2016	2,782	-1,400	N/A	438	N/A
12/31/2015	2,759	-1,394	N/A	414	N/A
9/30/2015	2,588	-1,314	N/A	226	N/A
6/30/2015	2,332	-305	N/A	211	N/A
3/31/2015	2,057	-276	N/A	198	N/A
12/31/2014	1,786	-234	N/A	204	N/A
9/30/2014	1,623	-188	N/A	309	N/A
6/30/2014	1,441	-118	N/A	208	N/A
3/31/2014	1,259	-58	N/A	231	N/A
12/31/2013	1,091	-26	N/A	171	N/A
9/30/2013	936	-37	N/A	144	N/A
6/30/2013	926	-62	N/A	143	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LNW's forecast earnings growth (26.2% per year) is above the savings rate (2.3%).

Earnings vs Market: LNW's earnings (26.2% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: LNW's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LNW's revenue (6.5% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: LNW's revenue (6.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LNW's Return on Equity is forecast to be high in 3 years time (37%)

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Light & Wonder Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 60%

Price target increased by 9.4% to US$77.38

Price target increased by 7.2% to US$72.88

Price target increased by 7.4% to US$70.75

Consensus forecasts updated

Consensus forecasts updated

Recent updates

Unpleasant Surprises Could Be In Store For Light & Wonder, Inc.'s (NASDAQ:LNW) Shares

Light & Wonder, Inc. to Report Q1, 2024 Results on May 08, 2024

CEO, President & Director exercised options and sold US$1.6m worth of stock

An Intrinsic Calculation For Light & Wonder, Inc. (NASDAQ:LNW) Suggests It's 30% Undervalued

Light & Wonder: This Gambling Tech Operator Transformed Into A Strong Sector Entry

CEO, President & Director exercised options and sold US$1.5m worth of stock

New minor risk - Earnings quality

Full year 2023 earnings: EPS misses analyst expectations

Light & Wonder (NASDAQ:LNW) Has A Somewhat Strained Balance Sheet

Novomatic Reportedly Tipped as Favourite to Buy Ainsworth Game Technology

Light & Wonder, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Is Now An Opportune Moment To Examine Light & Wonder, Inc. (NASDAQ:LNW)?

Light & Wonder, Inc. Appoints Michael Marchetti to Board of Directors, Effective January 15, 2024

Light & Wonder, Inc.'s (NASDAQ:LNW) Share Price Could Signal Some Risk

Light & Wonder, Inc. Appoints Oliver Chow as the Executive Vice President and Treasurer

Now 21% undervalued

Consensus EPS estimates increase by 60%

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

These 4 Measures Indicate That Light & Wonder (NASDAQ:LNW) Is Using Debt Extensively

Light & Wonder, Inc. (NasdaqGS:LNW) completed the acquisition of the remaining 17% stake of SciPlay Corporation (NasdaqGS:SCPL).

Light & Wonder, Inc. to Report Q3, 2023 Results on Nov 09, 2023

Light & Wonder, Inc. Unveils SQUID GAME Slot at G2E

Are Investors Undervaluing Light & Wonder, Inc. (NASDAQ:LNW) By 48%?

Light & Wonder, Inc Names Vanja Kalabic as Chief Accounting Officer

New major risk - Financial position

Price target increased by 9.4% to US$77.38

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

CEO, President & Director exercised options and sold US$767k worth of stock

Does Light & Wonder (NASDAQ:LNW) Have A Healthy Balance Sheet?

Price target increased by 7.2% to US$72.88

Light & Wonder, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Price target increased by 7.4% to US$70.75

Is Now The Time To Look At Buying Light & Wonder, Inc. (NASDAQ:LNW)?

Connie James, Executive Vice President, Treasurer and Corporate Secretary to Step Down from Her Role at the Light & Wonder., Effective August 25, 2023

Independent Director recently sold US$1.7m worth of stock

There's Reason For Concern Over Light & Wonder, Inc.'s (NASDAQ:LNW) Price

Executive Chairman recently bought US$295k worth of stock

Light & Wonder, Inc.'s (NASDAQ:LNW) Intrinsic Value Is Potentially 54% Above Its Share Price

Light & Wonder, Inc. (NasdaqGS:LNW) submitted a proposal to acquire remaining 2.9% stake of SciPlay Corporation (NasdaqGS:SCPL) for approximately $110 million.

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

EVP, CFO exercised options and sold US$77k worth of stock

Now 21% undervalued after recent price drop

Here's Why Light & Wonder (NASDAQ:LNW) Has A Meaningful Debt Burden

Now 21% undervalued

Executive VP & Chief Legal Officer exercised options and sold US$471k worth of stock

Now 23% undervalued after recent price drop

Why Light & Wonder, Inc. (NASDAQ:LNW) Could Be Worth Watching

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Light & Wonder, Inc. to Report Q4, 2022 Results on Mar 01, 2023

Light & Wonder, Inc. Showcases Pioneering New WONDER 500 Product Exclusively with Sky Betting & Gaming

Is Light & Wonder (NASDAQ:LNW) A Risky Investment?

EVP, CFO exercised options and sold US$62k worth of stock

Independent Director recently sold US$1.3m worth of stock

High number of new directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Are Investors Undervaluing Light & Wonder, Inc. (NASDAQ:LNW) By 49%?

EVP, CFO exercised options and sold US$60k worth of stock

Light & Wonder, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Light & Wonder Unleashes Never-Before-Seen Gaming Innovations at G2E

Light & Wonder, Inc. Announces Executive Changes

Light & Wonder, Inc. (NasdaqGS:LNW) acquired Substantially all of the assets of House Advantage, LLC from House Advantage, LLC.

Light & Wonder acquires House Advantage assets

Endeavor Operating Company, LLC completed the acquisition of Companies constituting Digital Sports Betting Business of Scientific Games Corporation (NasdaqGS:SGMS).

EVP, CFO exercised options and sold US$54k worth of stock

Executive VP & Chief Legal Officer exercised options and sold US$83k worth of stock

Light & Wonder, Inc. Announces CEO Changes

Light & Wonder appoints Matt Wilson as interim CEO

Light & Wonder, Inc. Appoints Stephen Morro as Director

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations