Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Bally's Corporation (BALY) is a casino entertainment company. The Zacks Consensus Estimate for its current year earnings has been revised 85.7% downward over the last 60 days.Baxter International Inc. (BAX) is a healthcare products company. The Zacks Consensus Estimate for its current year earnings has been revised 33.1% downward over the last 60 days.Central Garden & Pet Company (CENTA) is a lawn and garden products company.The Zacks ...

Bally's Corporation (BALY) recently announced the securement of its shareholder's approval for its merger with The Queen Casino & Entertainment Inc. (QC&E), a regional gaming operator majority-owned by Standard General L.P.The merger enhances Bally’s Casino & Resorts segment while adding diversity and scale to its portfolio. Bally’s CEO Robeson Reeves highlighted the synergies, noting that the deal positions the company for enhanced revenues, EBITDAR growth and long-term value creation.The merger includes t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-38850 Bally's Corporation (Exact name of registrant as specified in its charter) Delaware 20-0904604 (State or other jurisdiction of incorporation or organiz ...

Bally's Corporation (BALY) reported $629.97 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 0.4%. EPS of -$1.99 for the same period compares to -$1.15 a year ago.The reported revenue represents a surprise of -3.17% over the Zacks Consensus Estimate of $650.63 million. With the consensus EPS estimate being -$0.25, the EPS surprise was -696.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...

Bally's Corporation (NYSE:BALY) Q3 2024 Earnings Call Transcript November 6, 2024 4:30 PM ET Company Participants Charlie Diao - Senior Vice President of Finance and Corporate Treasurer Robeson Reeves - Chief Executive Officer George Papanier - President Marcus Glover - Chief Financial Officer Operator Good day, everyone, and welcome to the Bally’s Corporation Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Please be advised that today’s conference is b ...

Bally's Corporation (BALY) came out with a quarterly loss of $1.99 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $1.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -696%. A quarter ago, it was expected that this hotel casino operator would post a loss of $1.47 per share when it actually produced a loss of $0.83, delivering a surprise of 43.54%.Over the last four quarters, the com ...

Exhibit 99.1 BALLY'S CORPORATION ANNOUNCES THIRD QUARTER 2024 RESULTS PROVIDENCE, R.I., - November 6, 2024 - Bally's Corporation (NYSE: BALY) ("Bally's" or the "Company") today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 and Recent Highlights • Company-wide revenue of $630.0 million, a decrease of 0.4% year-over-year ◦ Casinos & Resorts revenue of $353.4 million, down 1.6% year-over-year ◦ UK online revenues grew 11.8% while overall International Interactive ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Bally's Corporation (BALY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Bally's Corporation is a member of the Consumer Discretionary sector. This group includes 279 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank considers 16 different groups, measuring t ...

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Bally's Corporation (BALY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.Bally's Corporation is one of 280 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector R ...