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 ...

Group 1 - Bally's Corporation (BALY) is currently outperforming its Consumer Discretionary peers with a year-to-date gain of approximately 22.4%, while the sector has seen an average loss of about 0.9% [2][3] - The Zacks Rank for Bally's Corporation is 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for full-year earnings having increased by 31% over the past three months [2][3] - Bally's Corporation belongs to the Hotels and Motels industry, which is ranked 147 in the Zacks Industry Rank, and this industry has gained an average of 3.5% so far this year [3] Group 2 - Paramount Global (PARAA) is another Consumer Discretionary stock that has outperformed the sector, with a year-to-date increase of 16.1% [2] - The consensus EPS estimate for Paramount Global has risen by 52.8% over the past three months, and it holds a Zacks Rank of 1 (Strong Buy) [3] - The Media Conglomerates industry, which includes Paramount Global, is ranked 22 and has experienced a decline of 2.2% since the beginning of the year [3]

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 ...

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), ...

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 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 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 ...