Bally's Corp expected to post a loss of 1 cent a share - Earnings Preview

Bally's

22/02/2023 24:09

* Bally's Corp  BALY.N   BALY.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 23. 
    * The Providence Rhode Island-based  company is expected to
report
 a 4.8% increase in revenue to $574.178 million from $547.67
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bally's Corp is for
a
loss of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bally's
Corp is
$23.5​, above​ its last closing price of $19.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.30        0.30       0.01      Missed  -96.7
 Jun. 30 2022  0.23        0.25       0.98      Beat    295.2
 Mar. 31 2022  -0.27       -0.19      0.03      Beat    115.9​
 Dec. 31 2021  0.49        0.51       -1.38     Missed  -368.6
 ​​Sep.        0.38        0.43       -0.28     Missed  -165.9
 30 2021                                                
 Jun. 30 2021  0.49        0.50       0.27      Missed  -45.6​
 Mar. 31 2021  0.39        0.34       0.28      Missed  -17.2
 Dec. 31 2020  -0.08       -0.08      0.52      Beat    771
 This summary was machine generated February 22 at 00:09 GMT. 
All figures in US dollars  unless otherwise stated