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

Bally's

05/05/2022 19:11

* Bally's Corp  BALY.N  reported quarterly adjusted earnings
of 3
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 29 cents per share.
    * Revenue rose 185.2% to $548.27 million from a year ago; 
analysts expected $572.52 million. 
    * Bally's Corp's reported EPS for the quarter was 3 cents​.
    * The mean earnings estimate of analysts had fallen by
about 161.8% in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Bally's Corp shares had fallen by 2.2% this quarter and
lost 21.0% so far this year.
    * The company reported quarterly net income of $1.89
million.
    * Wall Street's median 12-month price target for Bally's
Corp is
$40.00 
    * 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." 

This summary was machine generated May 5 at 06:11 p.m.  ​All
figures in US dollars unless otherwise stated