Accel Entertainment Q3 Adj EPS $0.22 Beats $0.17 Estimate, Sales $287.50M Beat $278.52M Estimate
Portfolio Pulse from Benzinga Newsdesk
Accel Entertainment (NYSE:ACEL) reported Q3 earnings of $0.12 per share, missing the analyst consensus estimate of $0.17 by 29.41%. This is a 42.86% decrease from the same period last year. However, the company reported quarterly sales of $287.50 million, beating the analyst consensus estimate of $278.52 million by 3.22%, a 7.69% increase from the same period last year.
November 07, 2023 | 9:32 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Accel Entertainment's Q3 earnings missed estimates by 29.41%, but sales beat estimates by 3.22%. This mixed result could lead to uncertain short-term price movements.
Accel Entertainment's earnings miss could negatively impact the stock price, but this may be offset by the better-than-expected sales. The mixed results make the short-term price direction uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100