Analysts are estimating that Ballys will report an earnings per share (EPS) of $-0.78.
Anticipation surrounds Ballys's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings History Snapshot
Last quarter the company missed EPS by $3.34, which was followed by a 1.61% increase in the share price the next day.
Market Performance of Ballys's Stock
Shares of Ballys were trading at $17.12 as of November 06. Over the last 52-week period, shares are down 22.07%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
Analyst Views on Ballys
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Ballys.
The consensus rating for Ballys is Neutral, derived from 4 analyst ratings. An average one-year price target of $11.5 implies a potential 32.83% downside.
Comparing Ratings with Peers
The below comparison of the analyst ratings and average 1-year price targets of Accel Entertainment, Golden Entertainment and Full House Resorts, ...
