The average recommendation from Wall Street analysts was a Buy which may get revised based on this new data. The stock is down 15.02% to $7.75 after the report.ĭespite revenues increasing, earnings decreased, signaling a decline in profit margins. The lower earnings growth relative to revenue signals Bally's Corp has not been able to improve its profit margin. The company achieved 9% growth year-over-year compared to the firm's revenue of $578.2 million from the year-ago quarter. ![]() ![]() Third-Quarter revenues missed estimates for $632.5 million by $5.6 million (1%). The firm's earnings are down 11600% since reporting $0.01 per share in the same period a year ago.Īnalyst projections for Bally's Corp revenue came in at a consensus of $638 million. Wednesday, NovemBally's Corp ( BALY) reported downside earnings and revenues today.īally's Corp's earnings came in at an EPS loss of $1.15 per share, 1338% lower than estimates for an EPS loss of $0.08 per share.
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