Light & Wonder's Steady Guidance Should Soothe Investor Nerves
Dow Jones
Jul 15
2249 GMT - Slot machine maker Light & Wonder's reaffirmed FY26 guidance could calm the market's nerves heading into its 2Q result on Aug. 5, Citi says. Light & Wonder expects consolidated Ebitda growth of a mid- to high-single-digit percent. Citi expects growth of 6.1%, above consensus forecasts of 5.7%. Citi has a "buy" call and A$149.00/share price target on Light & Wonder, whose shares have fallen some 15% over the past month. The stock closed at A$111.60 on Tuesday. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
July 14, 2026 18:49 ET (22:49 GMT)
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