Scientific Games: 3Q Earnings Snapshot

November 8, 2018

LAS VEGAS (AP) _ Scientific Games Corp. (SGMS) on Thursday reported a loss of $351.6 million in its third quarter.

The Las Vegas-based company said it had a loss of $3.85 per share. Losses, adjusted for restructuring costs, were 14 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.

The instant-win lottery ticket maker posted revenue of $821 million in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $824.8 million.

Scientific Games shares have declined 58 percent since the beginning of the year. The stock has declined 56 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SGMS at https://www.zacks.com/ap/SGMS

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