Scientific Games Corporation (SGMS) : Earnings Preview

Scientific Games Corporation (SGMS) is slated to report earnings results for the second quarter of fiscal 2015 today after the close. The Street is looking for revenues of $715.02 million, a 71% growth from $416.9 million in the same period a year earlier. As far as EPS is concerned, analysts expect Scientific Games’ year-over-year loss to increase by 9.30% to ($0.94).

As a quick reminder, Scientific Games Corporation reported 1Q/15 EPS of ($1.01), $0.25 better than the Street’s consensus estimate of ($1.26). Revs came in at $658.7 million versus the $715.1 million consensus.

On trading measures, Scientific Games has a median Wall Street price target of $16.00 with a high target of $20.00. In the past 52 weeks, shares of Las Vegas-based company have traded between a low of $6.97 and a high of $17.12 with the 50-day MA and 200-day MA located at $15.96 and $13.80 levels, respectively. Additionally, shares of Scientific Games trade at a P/E ratio of (1.15) and have a Relative Strength Index (RSI) and MACD indicator of 43.54 and -0.57, respectively.

SGMS currently prints a one year return of about 77% and a year-to-date return of around 19%. The company has a market cap of $1.30 billion and is part of the Services sector and Gaming Activities industry.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.