Streetbeat News

ACEL

Accel Entertainment, Inc.

https://www.accelentertainment.com

Industry

Gambling, Resorts & Casinos

Accel Entertainment, Inc., together with its subsidiaries, operates as a distributed gaming operator in the United States. It is involved in the installation, maintenance, and operation of gaming terminals; redemption devices that disburse winnings and contain automated teller machine (ATM) functionality; and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. The company also provides licensed establishment partners gaming solutions that appeal to players who patronize those businesses. In addition, it operates stand-alone ATMs in gaming and non-gaming locations, as well as amusement devices, including jukeboxes, dartboards, pool tables, pinball machines, and other related entertainment equipment. As of December 31, 2021, the company operated 13,639 video gaming terminals across 2,584 locations in Illinois. Accel Entertainment, Inc. is headquartered in Burr Ridge, Illinois.

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Accel Entertainment reported Q3 2024 earnings per share of $0.22, surpassing the analyst estimate of $0.20. Sales reached $302.227 million, exceeding the expected $297.031 million and marking a 5.12% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:59 pm

Accel Entertainment shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 3:41 pm

Accel Entertainment (NYSE:ACEL) reported Q2 2024 earnings of $0.25 per share, beating the analyst estimate of $0.21. Sales were $309.413 million, surpassing the $301.333 million estimate. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:23 pm

Accel Entertainment, Inc. (NYSE:ACEL) is set to acquire Fairmount Holdings, the owner of FanDuel Sportsbook & Horse Racing, for approximately $35 million. The acquisition will be paid in 3.45 million shares of Accel Class A-1 common stock. Accel plans to invest an additional $85-$95 million for casino construction and track investments. The acquisition is expected to significantly enhance Accel's local gaming platform.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 8:06 pm

The article reports on the intraday movement of 12 consumer discretionary stocks, highlighting significant gainers and losers. Visionary Holdings, Fitell, PlayAGS, Noodles, ATRenew, and Arhaus were among the top gainers, with notable increases in their stock prices, attributed to recent earnings releases for some. Conversely, Delta Apparel, Duolingo, Accel Entertainment, NWTN, Marine Products, and Lanvin Group Holdings experienced declines, with earnings announcements impacting several of these stocks.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 4:31 pm

Deutsche Bank analyst Steven Pizzella maintains a Buy rating on Accel Entertainment (ACEL) and raises the price target from $13 to $16.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:57 pm

Accel Entertainment reported Q1 2024 adjusted EPS of $0.23, surpassing the $0.21 estimate, with sales of $301.800M exceeding the $295.743M forecast, marking a 2.93% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:51 pm

Accel Entertainment reported Q1 sales of $301.800 million, surpassing the analyst consensus estimate of $295.743 million by 2.05% and marking a 2.93% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:40 pm

Accel Entertainment (ACEL) reported Q4 2023 adjusted EPS of $0.25, surpassing the $0.18 estimate, with sales of $297.07M exceeding the $284.98M forecast. This represents a 6.83% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:53 pm

The article lists companies scheduled to report their earnings on February 28, 2024, including their expected earnings per share and revenue. It covers a wide range of sectors and provides a comprehensive overview of the financial performance expectations for these companies.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 11:24 am

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