Bally's Corp expected to post a loss of $1.11 a share - Earnings Preview

* Bally's Corp is expected to show a rise in quarterly revenue when it reports results on May 1 for the period ending March 31 2024

* The Providence Rhode Island-based company is expected to report a 4.7% increase in revenue to $626.783 million from $598.72 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 $1.11 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 had fallen by about 2.0% in the last three months. ​

* Wall Street's median 12-month price target for Bally's Corp is $11.78​, below​ its last closing price of $13.73. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 -0.52 -0.53 -2.29 Missed -332.9

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. -0.02 0.02 -0.42 Missed -2,780

31 2022 .9

Sep. 30 2022 0.30 0.30 0.01 Missed -96.7​

Jun. 30 2022 0.23 0.25 0.98 Beat 295.2

Mar. 31 2022 -0.27 -0.19 0.03 Beat 115.9

This summary was machine generated April 29 at 22:33 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)