What long-term investment insights does LNW's 2024 EPS trend offer?

Light & Wonder's (LNW) 2024 EPS trend offers several long-term investment insights:

1. **Consistent Growth in EPS**: LNW's EPS has shown a consistent upward trend throughout 2024, with the fourth quarter reporting the highest EPS of $3.68. This indicates a strong financial performance and suggests that the company's profitability is on an upward trajectory.

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|LNW|LNW.O|Light & Wonder|2024 Q1|282.60869565217394|0.88|185|
|LNW|LNW.O|Light & Wonder|2024 Q2|9100|0.9|185|
|LNW|LNW.O|Light & Wonder|2024 Q3|-12.34567901234569|0.71|185|

2. **Beat Expectations in Q2 and Q4**: The company's EPS exceeded market expectations in both the second and fourth quarters, with Q2 reporting an EPS of $0.91, beating the analyst estimate of $1.02, and Q4 reporting an EPS of $3.68, which was above the expected EPS. This demonstrates the company's ability to outperform market expectations, which is a positive sign for long-term investors.
3. **Stable Revenue Growth**: LNW's revenue has also been growing steadily, with a 12% increase in the second quarter and a 13% increase in the first quarter compared to the previous year. This consistent revenue growth supports the notion of a strong business model and suggests that the company has the potential for continued growth in the future.
4. **Profit Margin Improvement**: The company's profit margin has improved significantly, from a loss in Q2 2023 to a 10% profit margin in Q2 2024, and from a 3.3% profit margin in Q1 2023 to an 11% profit margin in Q1 2024. This indicates that LNW is not only growing its revenue but is also becoming more efficient in generating profits, which is a positive signal for long-term investors.
5. **Potential for Further Growth**: The company's strong financial performance and consistent growth in EPS and revenue suggest that there is potential for further growth in the future. Investors may consider LNW as a long-term investment opportunity, given its track record of profitability and its ability to exceed market expectations.

In conclusion, LNW's 2024 EPS trend offers a positive outlook for long-term investors, with the company demonstrating consistent growth, beating market expectations, and improving profit margins. The company's stable revenue growth and potential for further expansion make it a compelling investment opportunity.