Can LNW's Q1 2025 EPS forecast revive investor confidence?

**Light & Wonder's (LNW) Q1 2025 EPS forecast may not directly revive investor confidence**, as indicated by the following points:

1. **Analyst Adjustments**: B. Riley, a research firm, has adjusted its Q1 2025 EPS estimates for LNW, reducing the forecast from $1.28 to $1.17. This downward revision could suggest a lack of confidence in the company's earnings potential during that period.
2. **Market Reaction**: The stock price of LNW has experienced a decline of 5.02% following the release of the earnings estimates. This negative reaction from the market may reflect investor concerns or a lack of confidence in the company's future performance.
3. **Recent Performance**: While LNW's Q1 2024 earnings exceeded expectations, with a non-GAAP consolidated AEBITDA of $281 million, up 12.8% year-over-year, the positive momentum may not carry over to Q1 2025 based on the revised estimates.
4. **Strategic Moves and Forward Guidance**: Light & Wonder has made strategic moves, such as the acquisition of Grover, which is expected to be high-single digit accretive. However, the impact of these moves on Q1 2025 earnings may not be immediately apparent, and investors may require more time to assess their long-term benefits.

In conclusion, while LNW's strategic initiatives may provide a foundation for future growth, the revised EPS forecast for Q1 2025 suggests that investor confidence may not be fully restored in the near term. Investors will need to closely monitor the company's performance and any updates from analysts to gauge the likelihood of a confidence revival.