Bally's Corp reports results for the quarter ended in June - Earnings Summary

Bally's

03/08/2023 15:18

* Bally's Corp  BALY.N  reported a quarterly adjusted loss
of 48
cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 20 cents per share.
    * Revenue rose 9.7% to $606.21 million from a year ago;
analysts
expected $608.59 million. 
    * Bally's Corp's reported EPS for the quarter was a loss
of 48
cents​.
    * The mean earnings estimate of analysts had fallen by
about 181.8% in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Bally's Corp shares had risen by 1.1% this quarter and
lost 18.8% so far this year.
    * The company reported a quarterly loss of $25.65 million.
    * Wall Street's median 12-month price target for Bally's
Corp is
$19.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 02:17 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.20          -0.48          Missed
 Mar. 31 2023      -0.28          -3.54          Missed
 Dec. 31 2022      0.02           -0.42          Missed
 Sep. 30 2022      0.30           0.01           Missed