Brightstar Lottery (NYSE:BRSL) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Brightstar Lottery (NYSE:BRSL) issued its quarterly earnings data on Tuesday. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.08, FiscalAI reports. Brightstar Lottery had a net margin of 6.26% and a return on equity of 6.96%. The business had revenue of $607.00 million during the quarter.

Here are the key takeaways from Brightstar Lottery’s conference call:

• Operational growth accelerated: Q3 operational revenue growth reached 4%, up from approximately 1% in the first half, driven mainly by product sales—which more than doubled—and growth in other services.
• Full-year guidance was lowered: Brightstar now expects revenue of $2.435–$2.455 billion and Adjusted EBITDA of $1.14–$1.16 billion, citing weaker-than-expected U.S. jackpot comparisons, Italy disruptions and unfavorable foreign exchange.
• Margins and profitability remained resilient: Year-to-date Adjusted EBITDA rose 5% to $861 million, while margin excluding service revenue amortization improved 50 basis points to about 41.5%, supported by product mix, service growth and cost efficiencies.
• Management is investing in new growth channels: Italy’s digital gaming, self-service terminals and proximity services, along with continued iLottery expansion, are expected to support growth; executives cautioned that these businesses require upfront investment before profitability scales.
• Shareholder returns and financial flexibility remain priorities: Brightstar returned more than $200 million through dividends and buybacks through November 9, while reporting 3.3x net leverage and about $1.9 billion in liquidity.

Brightstar Lottery Stock Down 1.7%

Shares of NYSE BRSL opened at $10.11 on Thursday. The firm has a market cap of $1.89 billion, a P/E ratio of 12.32, a price-to-earnings-growth ratio of 3.91 and a beta of 1.15. The company has a debt-to-equity ratio of 2.16, a quick ratio of 1.00 and a current ratio of 1.10. Brightstar Lottery has a 1 year low of $9.10 and a 1 year high of $16.73. The firm’s 50 day moving average price is $10.06 and its 200 day moving average price is $11.50.

Brightstar Lottery Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Tuesday, November 24th will be given a dividend of $0.23 per share. The ex-dividend date is Tuesday, November 24th. This represents a $0.92 dividend on an annualized basis and a yield of 9.1%. Brightstar Lottery’s dividend payout ratio (DPR) is 112.20%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BRSL. Knott David M Jr acquired a new stake in shares of Brightstar Lottery during the first quarter worth $32,000. Signaturefd LLC increased its stake in Brightstar Lottery by 634.6% in the third quarter. Signaturefd LLC now owns 2,652 shares of the company’s stock valued at $26,000 after purchasing an additional 2,291 shares during the last quarter. Persistent Asset Partners Ltd acquired a new position in Brightstar Lottery in the second quarter valued at $31,000. GAMMA Investing LLC lifted its position in Brightstar Lottery by 1,233.3% during the third quarter. GAMMA Investing LLC now owns 3,200 shares of the company’s stock worth $32,000 after buying an additional 2,960 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in Brightstar Lottery during the second quarter worth about $63,000. 44.33% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently issued reports on BRSL shares. Truist Financial cut their price objective on Brightstar Lottery from $13.00 to $11.00 and set a “hold” rating for the company in a research report on Tuesday, October 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of Brightstar Lottery in a research report on Tuesday, October 6th. Jefferies Financial Group raised Brightstar Lottery from a “hold” rating to a “buy” rating and boosted their price target for the stock from $12.00 to $16.00 in a report on Thursday, August 13th. Wall Street Zen downgraded Brightstar Lottery from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Finally, Stifel Nicolaus set a $19.00 price objective on Brightstar Lottery in a research report on Friday, September 25th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Brightstar Lottery presently has an average rating of “Hold” and a consensus price target of $14.77.

About Brightstar Lottery

Brightstar Lottery provides technology and services to government-sponsored and authorized lotteries. Its offerings include lottery systems and retail terminals, draw-based and instant games, digital lottery platforms, and operational and marketing support. The company serves lottery customers in North America and international markets, supporting sales through retail locations and online channels. Its systems and services help lotteries manage game operations, transactions, and player engagement.