2303 GMT - Aristocrat Leisure's annual result shows big progress by its gaming operations, Jefferies says. "7,100 net leased unit installation additions is the key to the results, in our view," analyst Kai Erman says. That's because it indicates significant momentum into 1H of FY 2025 in gaming, which is supported by industry data. "Aristocrat is clearly gaining significant share in Gaming Operations, with 3,900 2H units versus Light & Wonder's 1,600 in the same period," Jefferies says. It retains a buy call on Aristocrat's stock. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
November 12, 2024 18:04 ET (23:04 GMT)
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