Bally's Corp expected to post a loss of 9 cents a share - Earnings Preview

Bally's

30/10/2023 18:02

* Bally's Corp  BALY.N   BALY.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 1. 
    * The Providence Rhode Island-based  company is expected to
report
 a 10.3% increase in revenue to $638.026 million from $578.25
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bally's Corp is for
a
loss of 9 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bally's
Corp is
$16​, above​ its last closing price of $8.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.30        0.30       0.01      Missed  -96.7
 ​​Jun.        0.23        0.25       0.98      Beat    295.2
 30 2022                                                
 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. 30 2021  0.38        0.43       -0.28     Missed  -165.9
 This summary was machine generated October 30 at 18:02 GMT.  All
figures in US dollars  unless otherwise stated