Bally's Corporation (BALY) Reports Q1 Loss, Misses Revenue Estimates

Bally's Corporation (BALY) came out with a quarterly loss of $3.26 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -188.50%. A quarter ago, it was expected that this hotel casino operator would post a loss of $0.55 per share when it actually produced a loss of $0.86, delivering a surprise of -56.36%.Over the last four quarters, the ...