Bally's Corp expected to post a loss of 28 cents a share - Earnings Preview

Bally's

05/05/2023 18:13

* Bally's Corp  BALY.N   BALY.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The Providence Rhode Island-based  company is expected to
report
 a 9.1% increase in revenue to $597.998 million from $548.27
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 28 cents 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 had risen by
about 372.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Bally's
Corp is
$22.5​, above​ its last closing price of $15.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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
 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.        0.49        0.51       -1.38     Missed  -368.6
 31 2021                                                
 Sep. 30 2021  0.38        0.43       -0.28     Missed  -165.9
                                                        ​
 Jun. 30 2021  0.49        0.50       0.27      Missed  -45.6
 Mar. 31 2021  0.39        0.34       0.28      Missed  -17.2
 This summary was machine generated May 5 at 17:13 GMT.  All
figures in US dollars  unless otherwise stated