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Bally's Corporation (BALY) Misses Q4 EPS by 467c; offers guidance

February 21, 2024 5:03 PM

Bally's Corporation (NYSE: BALY) reported Q4 EPS of ($5.11), $4.67 worse than the analyst estimate of ($0.44). Revenue for the quarter came in at $611.67 million versus the consensus estimate of $623.32 million.

GUIDANCE:

Bally's Corporation sees FY2024 revenue of $2.5-2.7 billion, versus the consensus of $2.661 billion.

Adjusted EBITDAR in a range of $655 million to $695 million. The full year guidance includes the impact of severe winter weather on January results in the Casinos & Resorts segment followed by stabilization thus far in February, as well as the impact the closure of the Tropicana Las Vegas will have on our 2024 year-over-year comparisons. The outlook also includes continued growth in the International Interactive business and the launch of iGaming in Rhode Island in our North America Interactive segment.

For earnings history and earnings-related data on Bally's Corporation (BALY) click here.

Categories

Earnings Guidance