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Reduced EPS Estimates for International Game Technology

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Brean Murray Carret & Co. are out with their research report today on Internation Game Technology (NYSE: IGT) in which they reduce their FY 2011 EPS Estimates.

BMC & Co. writes, "We are reducing our FY 2011 EPS estimates $0.08 to $0.84 and initiating our FY2012 EPS estimate of $1.01 due primarily to our more modest expectations for gaming ops segment and lower domestic replacement share."

IGT reported an operating EPS of $0.18 for 4QFY10 which was $0.01 below the consensus estimate.

IGT maintains a Hold Rating and is currently trading at $15.82.

Posted-In: Brean Murray Carret & Co. International Game TechnologyAnalyst Color Analyst Ratings

 

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