Bally's Corp expected to post a loss of 17 cents a share - Earnings Preview

Bally's

04/11/2024 21:38

* Bally's Corp  BALY.N   BALY.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Providence Rhode Island-based  company is expected to
report
a 3.7% increase in revenue to $656.116 million from $632.48
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Net Revenue)
    * ​LSEG's mean analyst estimate for Bally's Corp is for a
loss
of 17 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 8
"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
$18.25​, above​ its last closing price of $17.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -1.40       -1.43      -1.24     Beat    13.3
 Jan. 1 2024   -1.14       -0.96      -3.61     Missed  -277.1
 Dec. 31 2023  -0.52       -0.44      -2.29     Missed  -421.3
                                                        ​
 Sep. 30 2023  -0.07       -0.09      -1.15     Missed  -1,216
                                                        .8
 ​​Jun.        -0.18       -0.20      -0.48     Missed  -140.7
 30 2023                                                
 Mar. 31 2023  -0.25       -0.28      -3.54     Missed  -1,186
                                                        .7​
 Dec. 31 2022  -0.02       0.02       -0.42     Missed  -2,780
                                                        .9
 Sep. 30 2022  0.30        0.30       0.01      Missed  -96.7
 This summary was machine generated November 4 at 21:38 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)