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International Game Technology Q3 adjusted earnings Miss Estimates

International Game Technology (IGT) reported a profit for its third quarter that climbed from last year.

The company's profit totaled $103.56 million, or $0.51 per share. This compares with $22.30 million, or $0.11 per share, in last year's third quarter.

Excluding items, International Game Technology reported adjusted earnings of $43.35 million or $0.21 per share for the period.

Analysts had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.9% to $1.15 billion from $1.16 billion last year.

International Game Technology earnings at a glance:

-Earnings (Q3): $43.35 Mln. vs. $64.30 Mln. last year.
-EPS (Q3): $0.21 vs. $0.31 last year.
-Analysts Estimate: $0.28
-Revenue (Q3): $1.15 Bln vs. $1.16 Bln last year.

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