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BALY

Ballys Corporation

$24.37

Earnings Summary

Revenue
$552.5Mn
Net Profits
$59.5Mn
Net Profit Margins
10.77%

Highlights

Revenue:

Ballys Corporation’s revenue jumped 106.36% since last year same period to $552.5Mn in the Q2 2022. On a quarterly growth basis, Ballys Corporation has generated 0.77% jump in its revenue since last 3-months.

Net Profits:

Ballys Corporation’s net profit fell -13.69% since last year same period to $59.5Mn in the Q2 2022. On a quarterly growth basis, Ballys Corporation has generated 3049.87% jump in its net profits since last 3-months.

Net Profit Margins:

Ballys Corporation’s net profit margin fell -58.18% since last year same period to 10.77% in the Q2 2022. On a quarterly growth basis, Ballys Corporation has generated 3025.78% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ballys Corporation post its latest quarter earnings

EPS Estimate Current Quarter
0.25
EPS Estimate Current Year
0.25

Highlights

EPS Estimate Current Quarter:

Ballys Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.25 - a 231.58% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ballys Corporation’s earning per share (EPS) estimates for the current year stand at 0.25.

Key Ratios

Key ratios of the Ballys Corporation post its Q2 2022 earnings

Return on Assets (ROA)
0.02
Return on Equity (ROE)
-0.05
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ballys Corporation’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ballys Corporation’s return on equity (ROE) stands at -0.05.

Dividend Per Share (DPS):

Ballys Corporation declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
-0.19
0.03
115.79%

Company Information

Bally's Corporation currently owns and manages 11 casinos across seven states, a horse racetrack and 13 authorized OTB licenses in Colorado. With more than 5,900 employees, the Company's operations include 13,260 slot machines, 459 game tables and 2,941 hotel rooms. Following the completion of pending acquisitions, which include Tropicana Evansville (Evansville, IN), Jumer's Casino & Hotel (Rock Island, IL), and MontBleu Resort Casino & Spa (Lake Tahoe, NV), as well as the construction of a land-based casino near the Nittany Mall in State College, PA, Bally's will own and manage 15 casinos across 11 states. Its shares trade on the New York Stock Exchange under the ticker symbol 'BALY.'

Organisation
Ballys Corporation
Headquarters
100 Westminster Street, Providence, RI, United States, 02903
Employees
5455
Industry
Consumer Services