FINWIRES · TerminalLIVE
FINWIRES

Light & Wonder's Q1 Results Expected to Be Soft, 2026 Outlook Expected to Be Maintained, Jarden Says

-- Light & Wonder's (ASX:LNW) first-quarter results are expected to be soft, though the full-year outlook is expected to be maintained, Jarden said in a Tuesday note.

Jarden said its first-quarter adjusted earnings before interests, taxes, depreciation, and amortization (AEBITDA) estimate of $326 million is expected to be 5% below consensus. The first quarter represents just 21% of the full-year AEBITDA estimate and proportional contribution set to build through the year.

It noted that the underlying demand backdrop remains intact.

The investment firm retained its buy rating on Light and Wonder and cut the price target to AU$190 per share from AU$199 per share.

Related Articles

Research

Research Alert: CFRA Reiterates Strong Buy Opinion On Shares Of Gentex Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target by $2 to $30, based on a 2027 P/E of 13.3x, a justified discount to GNTX's five-year average P/E of 16.7x. We maintain our EPS estimates of $2.00 for 2026 and $2.25 for 2027. Following GNTX's Q1 earnings release, we are lowering our price target but reiterating our Strong Buy opinion on the shares. It was a solid earnings release all around, with both sales and margins exceeding expectations and higher full-year revenue guidance. The investment thesis from our late January upgrade to Strong Buy appears intact, with gross margins rebounding nicely (+60 bps to 33.8% in Q1) and a risk/reward that appears compelling. While tepid volumes remain a concern (mirror shipments were -6%), GNTX's strong balance sheet and sub-industry leading gross margins are key distinguishing factors supporting our rating. GNTX's 12% Y/Y EPS growth in Q1 also underscores its easier near-term comps.

$GNTX
Sectors

Sector Update: Financial

Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index down 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) decreasing 0.6%.The Philadelphia Housing Index was slipping 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was easing 0.1%.Bitcoin (BTC-USD) was shedding 0.7% to $77,665, and the yield for 10-year US Treasuries was decreasing 1.7 basis points to 4.306%.In corporate news, Western Union (WU) shares dropped 4% after it reported Q1 adjusted earnings Friday that declined year on year and missed analysts' estimates.

$WU
Insider Trading

Sei Investments Insider Sold Shares Worth $1,377,300, According to a Recent SEC Filing

Philip McCabe, Executive Vice President, Head of SEI's Investment Managers business, on April 23, 2026, sold 15,000 shares in Sei Investments (SEIC) for $1,377,300. Following the Form 4 filing with the SEC, McCabe has control over a total of 57,623 common shares of the company, with 54,884 shares held directly and 2,739 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/350894/000162828026027110/xslF345X05/wk-form4_1777050780.xmlPrice: $88.64, Change: $-2.41, Percent Change: -2.65%

$SEIC