Accel Entertainment (ACEL) Q1 Earnings and Revenues Surpass Estimates

Core Insights - Accel Entertainment reported quarterly earnings of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, and showing an increase from $0.22 per share a year ago, resulting in an earnings surprise of 33.33% [1] - The company achieved revenues of $323.91 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.89% and up from $301.82 million year-over-year [2] - The stock has underperformed slightly, losing about 0.3% since the beginning of the year, compared to a decline of 3.3% in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.22 on revenues of $331.38 million, and for the current fiscal year, it is $0.81 on revenues of $1.32 billion [7] - The estimate revisions trend for Accel Entertainment is currently unfavorable, leading to a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Gaming industry, to which Accel Entertainment belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Another company in the same industry, Playtika Holding, is expected to report quarterly earnings of $0.11 per share, reflecting a year-over-year decline of 26.7%, with revenues projected at $697.25 million, up 7.1% from the previous year [9][10]