Citi analysts have increased their FY23 earnings projections for gaming and technology company Aristocrat Leisure (ASX:ALL) by 1%.

The earnings upgrade emerges from the company’s better-than-projected growth in its social casino portfolio for the September quarter, says the brokerage.

Moreover, the company maintains a ‘buy’ rating and upholds a PT of A$42.8 per share.

According to Citi, Aristocrat Leisure (ASX:ALL) is also due to see earnings rise following the recent acquisition of NeoGames.

10 out of 11 analysts are rating the stock as ‘buy’ or higher, with 1 rating it ‘hold’ and appointing a median PT of A$44.75 according to LSEG data.

The stock has surged 30.7% this year, up to the last close.

Aristocrat Leisure is an Australian-based gaming and technology company specializing in social casino portfolio.