Brightstar Lottery (NYSE:BRSL) Announces 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 (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.08, FiscalAI reports. The business had revenue of $607.00 million during the quarter. Brightstar Lottery had a return on equity of 10.47% and a net margin of 10.05%.

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 Performance

NYSE:BRSL traded up $0.38 during midday trading on Wednesday, reaching $9.96. The stock had a trading volume of 99,497 shares, compared to its average volume of 1,739,667. The stock has a market capitalization of $1.86 billion, a P/E ratio of 7.64, a PEG ratio of 4.09 and a beta of 1.15. Brightstar Lottery has a 1-year low of $9.10 and a 1-year high of $17.09. The company has a debt-to-equity ratio of 2.16, a current ratio of 1.10 and a quick ratio of 1.00. The firm’s fifty day simple moving average is $10.08 and its 200-day simple moving average is $11.51.

Brightstar Lottery Dividend Announcement

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 paid a $0.23 dividend. The ex-dividend date is Tuesday, November 24th. This represents a $0.92 dividend on an annualized basis and a yield of 9.2%. Brightstar Lottery’s dividend payout ratio (DPR) is presently 70.77%.

Analyst Ratings Changes

BRSL has been the subject of several recent analyst reports. Jefferies Financial Group upgraded shares of Brightstar Lottery from a “hold” rating to a “buy” rating and increased their price objective for the company from $12.00 to $16.00 in a report on Thursday, August 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Brightstar Lottery in a report on Tuesday, October 6th. Stifel Nicolaus set a $19.00 target price on Brightstar Lottery in a report on Friday, September 25th. Wall Street Zen lowered Brightstar Lottery from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Finally, Truist Financial dropped their price target on shares of Brightstar Lottery from $13.00 to $11.00 and set a “hold” rating on the stock in a research note on Tuesday, October 20th. Four equities 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $14.77.

Institutional Investors Weigh In On Brightstar Lottery

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. increased its stake in shares of Brightstar Lottery by 16.5% in the second quarter. BlackRock Inc. now owns 6,785,934 shares of the company’s stock worth $72,745,000 after purchasing an additional 961,306 shares during the period. Royce & Associates LP boosted its stake in Brightstar Lottery by 370.4% during the 3rd quarter. Royce & Associates LP now owns 1,031,270 shares of the company’s stock valued at $10,302,000 after purchasing an additional 812,040 shares during the period. Bank of America Corp DE grew its holdings in Brightstar Lottery by 17.3% in the 1st quarter. Bank of America Corp DE now owns 1,031,022 shares of the company’s stock valued at $13,135,000 after buying an additional 151,839 shares during the last quarter. Deutsche Bank AG grew its holdings in Brightstar Lottery by 1.0% in the 2nd quarter. Deutsche Bank AG now owns 854,803 shares of the company’s stock valued at $9,163,000 after buying an additional 8,479 shares during the last quarter. Finally, Orvieto Partners L.P. increased its position in Brightstar Lottery by 2.0% in the 1st quarter. Orvieto Partners L.P. now owns 753,596 shares of the company’s stock worth $9,601,000 after buying an additional 15,000 shares during the period. 44.33% of the stock is currently owned by institutional investors.

Top Brightstar Lottery Stories

Here are a few of the latest stories about BRSL:

• Positive Sentiment: Brightstar declared a quarterly dividend of $0.23 per share, payable December 8 to shareholders of record November 24. The annualized payout is $0.92 per share. Quarterly dividend announcement
• Neutral Sentiment: The company said revenue was affected by higher non-cash amortization of service revenue, while it maintained its cash-from-operations outlook. This may temper concerns about underlying activity and cash generation, but does not erase the lower revenue forecast. Brightstar Lottery Q3 2026 results
• Negative Sentiment: Brightstar lowered its FY2026 revenue outlook to $2.4 billion–$2.5 billion, with the low end below the roughly $2.5 billion analyst consensus. The cut, alongside an updated Adjusted EBITDA outlook, is the clearest near-term headwind for BRSL. FY2026 guidance update

Brightstar Lottery Company Profile

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.