NASDAQ$LNWO

Light & Wonder Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Scientific Games' Q4 2020 earnings were released, showing sequential improvements in consolidated results and growth in Lottery, SciPlay and Digital businesses despite challenges in Gaming due to COVID-19 restrictions.

Scientific Games reported Q4 2020 results with a revenue of $762 million, a net loss of $84 million, and free cash flow of $72 million. The company experienced sequential improvements in consolidated results driven by Gaming improvements and growth in Lottery, SciPlay and Digital businesses. COVID-19 restrictions impacted the Gaming business, while disciplined cost and balance sheet management drove cash flow improvements.

  • Consolidated revenue was $762 million, compared to $863 million in the prior year period.
  • Net loss was $84 million, compared to a net loss of $37 million in the prior year period.
  • Free cash flow increased $20 million to $72 million from the prior year period.
  • SciPlay revenue increased 30% and AEBITDA increased 41% from the prior year.

Headline financials

Total Revenue

$762M

Previous: $863M-11.7%
EPS (adj)

-$0.95

Previous: $0.14-778.6%
Free Cash Flow

$72M

Previous: $56M+28.6%
Net Income

-$84M

Previous: -$37M-127.0%
Operating Income

$62M

Previous: $152M-59.2%
Gross Profit

$442M

Previous: $524M-15.6%
Cash & Equivalents

$1.02B

Previous: $313M+224.6%
Total Assets

$7.98B

Previous: $7.81B+2.2%
Stock-Based Comp

$20M

Previous: $4M+400.0%

Revenue & EPS history

Light & Wonder · Revenue · Quarterly

$762M

Q4 2020-11.7%vs Q4 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Light & Wonder · $506M total across 3 segments · Q4 2020

  • Gaming
    $286M-35.7%
  • SciPlay
    $147M+30.1%
  • iGaming
    $73M

Forward guidance

Company did not provide forward guidance in the report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-0.1%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+0.0%

Avg return

30 days after

51%

35 / 68 earnings

Positive

+41.5%

Q2 2017

Best reaction

-19.5%

Q1 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%+1.0%-1.2%
Q4 2025-2.7%-7.6%-14.6%
Q3 2025+8.7%+22.0%+33.2%
Q1 2025-14.0%-5.3%-7.1%
Q4 2024+6.9%+7.9%-12.3%
Q3 2024-10.9%-10.0%-9.8%
Q2 2024+1.6%-0.4%+4.3%
Q1 2024-6.4%-5.9%-0.2%
Q4 2023+2.5%+7.8%+7.4%
Q3 2023+8.9%+8.9%+5.4%
Q2 2023+2.4%+3.9%+4.3%
Q1 2023+2.5%+4.4%+13.2%
Q4 2022+0.9%-0.2%-4.1%
Q3 2022+3.0%+9.2%+13.8%
Q2 2022+3.1%+8.2%-10.8%
Q1 2022+0.3%+9.2%+12.1%
Q4 2021-1.4%-5.6%-6.6%
Q3 2021-2.3%-8.8%-20.1%
Q2 2021+5.1%+9.1%+10.8%
Q1 2021-0.1%+4.3%+34.4%
Q4 2020+6.8%-1.2%-17.7%
Q3 2020-0.2%-1.2%+7.6%
Q2 2020+5.0%+5.8%+21.7%
Q1 2020-11.4%-10.6%+27.4%
Q4 2019-16.4%-17.6%-83.7%
Q3 2019+20.6%+16.6%+5.5%
Q2 2019+0.5%-1.7%-9.6%
Q1 2019+8.6%+6.6%-3.5%
Q4 2018+9.8%+11.5%-19.9%
Q3 2018+4.0%-4.9%-20.9%
Q2 2018-17.7%-27.6%-36.9%
Q1 2018-3.4%-3.1%+11.1%
Q4 2017-12.1%-12.5%-9.6%
Q3 2017+1.7%+1.4%+11.7%
Q2 2017+41.5%+44.1%+29.4%
Q1 2017+3.7%-0.4%+4.1%
Q4 2016+7.4%+3.1%+12.9%
Q3 2016+0.9%+7.0%+31.3%
Q2 2016-11.8%-13.1%-12.6%
Q1 2016-6.7%
Q4 2015+38.7%
Q3 2015-18.8%
Q2 2015-15.9%
Q1 2015-4.8%
Q4 2014-10.6%
Q3 2014+22.9%
Q2 2014-2.7%
Q1 2014-19.5%
Q4 2013+18.0%
Q3 2013+4.1%
Q2 2013+7.8%
Q1 2013-6.2%
Q4 2012-6.9%
Q3 2012-16.2%
Q2 2012-19.4%
Q1 2012+2.4%
Q4 2011-15.8%
Q2 2011-15.8%
Q3 2011+6.3%
Q1 2010-0.4%
Q1 2011+3.4%
Q4 2010+5.5%
Q4 2008+5.5%
Q2 2010+5.5%
Q3 2010-1.1%
Q3 2009-1.1%
Q2 2009-4.7%
Q4 2009-4.7%

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