Earnings Outlook For Ballys
Portfolio Pulse from Benzinga Insights
Ballys (NYSE:BALY) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $-0.53. Despite past earnings misses, Ballys shares increased after the last report. Shares are currently trading at $11.01, down 47.34% over the last year. Investors are looking for positive guidance for the next quarter.
February 20, 2024 | 6:01 pm
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Ballys is expected to report an EPS of $-0.53 for the latest quarter. Past performance shows mixed reactions to earnings reports, with shares currently down 47.34% over the last year.
Given Ballys's past earnings performance, the upcoming report could have a neutral to slightly positive impact on its stock price, especially if the company beats the EPS estimate and provides positive future guidance. However, the significant year-to-date decline suggests underlying challenges that might temper any positive reaction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100