Bally's Corporation (BALY) Reports Q3 Loss, Misses Revenue Estimates

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 ...