Bally's Corp expected to post a loss of 53 cents a share - Earnings Preview

Bally's

20/02/2024 02:26

* Bally's Corp  BALY.N   BALY.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Providence Rhode Island-based  company is expected to
report
a 8.1% increase in revenue to $623.538 million from $576.69
million a year ago, according to the mean estimate from 9
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 53 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 1 "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
$11.00​, below​ its last closing price of $11.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.07       -0.09      -1.15     Missed  -1,216
                                                        .8
 Jun. 30 2023  -0.18       -0.20      -0.48     Missed  -140.7
 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.        0.30        0.30       0.01      Missed  -96.7
 30 2022                                                
 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
 This summary was machine generated February 20 at 02:26 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)