Bally's (BALY)
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Bally's (BALY) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2024-08-21 13:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
2 REITs That Offer Higher But Riskier Yields
Seeking Alpha· 2024-08-19 11:30
Andrii Dodonov Introduction As an analyst here on Seeking Alpha, my goal is to always maintain transparency with readers. No matter how much I like a company or even if I own them, I will always be transparent in my articles. If a stock is a riskier investment, I will share that. If one of my favorite holdings' fundamentals start to change for the worse, I will share that as well. I say that to say, in this article I give you two stocks that pay higher, attractive yields (above 5% is higher in my opinion), ...
Bally's (BALY) - 2024 Q2 - Quarterly Report
2024-08-02 13:31
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 June 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 organization ...
Bally's (BALY) - 2024 Q2 - Earnings Call Transcript
2024-08-01 02:31
Bally’s Corporation (NYSE:BALY) Q2 2024 Earnings Conference Call July 31, 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 Conference Call Participants Jeffrey Stanchill - Stifel Financial Corp. Chad Beynon - Macquarie Group Limited Jonnathan Navarrete - TD Cowen Colin Mansfield - CBRE Institutional Research Operator Good day, everyone, and ...
Bally's (BALY) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-01 01:01
Bally's Corporation (BALY) reported $621.66 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.6%. EPS of -$0.83 for the same period compares to -$0.25 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $643.05 million, representing a surprise of -3.33%. The company delivered an EPS surprise of +43.54%, with the consensus EPS estimate being -$1.47.While investors closely watch year-over-year changes in headline numbers -- revenue and earn ...
Bally's Corporation (BALY) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-07-31 23:26
Bally's Corporation (BALY) came out with a quarterly loss of $0.83 per share versus the Zacks Consensus Estimate of a loss of $1.47. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.54%. A quarter ago, it was expected that this hotel casino operator would post a loss of $1.13 per share when it actually produced a loss of $3.26, delivering a surprise of -188.50%.Over the last four quarters, the ...
Bally's (BALY) - 2024 Q2 - Quarterly Results
2024-07-31 20:07
Exhibit 99.1 BALLY'S CORPORATION ANNOUNCES SECOND QUARTER 2024 RESULTS PROVIDENCE, R.I., - July 31, 2024 - Bally's Corporation (NYSE: BALY) ("Bally's" or the "Company") today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 and Recent Highlights • Company-wide revenue of $621.7 million, an increase of 2.5% year-over-year ◦ Casinos & Resorts revenue of $343.1 million, up 3.0% year-over-year ◦ UK online revenues grew 9% while overall International Interactive revenue ...
Bally's Buyout Alert: Shareholders Concerned About $18.25 Deal Price Should Contact Julie & Holleman LLP Regarding Potential Legal Claims
Prnewswire· 2024-07-29 11:45
NEW YORK, July 29, 2024 /PRNewswire/ -- Nationally recognized shareholder rights firm Julie & Holleman LLP is investigating the proposed $18.25 per share buyout of Bally's Corporation (NYSE: BALY) by the company's largest shareholder, private equity firm Standard General L.P.For a free, no-risk consultation, please visit https://julieholleman.com/ballys-corporation/, or contact firm partner Scott Holleman by email at [email protected].Bally's is a global casino-entertainment company with a growing omni-chan ...
BALY INVESTIGATION: The M&A Class Action Firm Launches Investigation Merger of Bally's Corp.
GlobeNewswire News Room· 2024-07-27 11:50
NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 27, 2024 / GlobeNewswire/-- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Bally’s Corp. (NYSE: BALY), relating to its proposed merger with Standard General L.P. Under the terms of the agreement, Bally’s Corp stockholde ...
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Bally's Corp. - BALY
Prnewswire· 2024-07-26 18:42
NEW YORK, July 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Bally's Corp. (NYSE: BALY), relating to its proposed merger with Standard General L.P. Under the terms of the agreement, Bally's Corp stockholders will receive $18.25 in cash per share they o ...