Bally's Corp expected to post a loss of 29  cents a share - Earnings Preview

Bally's

03/05/2022 19:31

* Bally's Corp  BALY.N   BALY.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 5. 
    * The Lincoln Rhode Island-based  company is expected to
report  a
197.8% increase in revenue to $572.521 million from $192.27
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bally's Corp is for
a
loss of 29 cents per share. For the same quarter last year, the
company reported earnings of 28 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 3.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Bally's
Corp is
$40​, above​ its last closing price of $30.35. ​​​
    * 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 2021  0.49        0.51       -1.38     Missed  -368.6
 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
 ​​Dec.        -0.08       -0.08      0.52      Beat    771
 31 2020                                                
 Sep. 30 2020  0.18        0.19       0.22      Beat    18.9​
 Jun. 30 2020  -1.03       -1.03      -0.77     Beat    25
 Mar. 31 2020  0.22        0.24       -0.07     Missed  -129.6
 This summary was machine generated May 3 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated