Investing.com - IGT reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IGT announced earnings per share of $1.49 on revenue of $1.04B. Analysts polled by Investing.com anticipated EPS of $0.2302 on revenue of $926.63M.
IGT shares are up 57% from the beginning of the year and are trading at $18.98 , down-from-52-week-high.They are outperforming the S&P 500 which is up 16.8% from the start of the year.
IGT follows other major Consumer Discretionary sector earnings this month
IGT's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $15.12 on revenue of $113.08B, compared to forecasts EPS of $12.23 on revenue of $115.42B.
Tesla had beat expectations on July 26 with second quarter EPS of $1.45 on revenue of $11.96B, compared to forecast for EPS of $0.9417 on revenue of $11.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar