Accel Entertainment (ACEL) Lags Q4 Earnings Estimates

Core Viewpoint - Accel Entertainment reported quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.21 per share, and showing a decline from $0.26 per share a year ago, indicating an earnings surprise of -9.52% [1] Group 1: Earnings Performance - The company posted revenues of $317.52 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.81%, compared to $297.07 million in the same quarter last year [2] - Over the last four quarters, Accel Entertainment has exceeded consensus EPS estimates three times [2] Group 2: Stock Performance - Accel Entertainment shares have increased approximately 11.1% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] Group 3: Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.21 on revenues of $312.4 million, and for the current fiscal year, it is $0.85 on revenues of $1.26 billion [7] - The estimate revisions trend for Accel Entertainment is currently favorable, leading to a Zacks Rank 1 (Strong Buy) for the stock, suggesting expected outperformance in the near future [6] Group 4: Industry Context - The Gaming industry, to which Accel Entertainment belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]