Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...

First Quarter 2024 Earnings Presentation May 2024 Important Information Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, contained in this presentation are forward-looking statements, including, but not limited to, any statements regarding our estimates of number of gaming ter ...

Accel Entertainment (ACEL) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this company would post earnings of $0.17 per share when it actually produced earnings of $0.26, delivering a surprise of 52.94%. Over the last four quarters, the compa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ______ Commission File Number 001-38136 Accel Entertainment, Inc. (Exact Name of Registrant as specified in its charter) Delaware 98-1350261 (State or other j ...

Accel Entertainment Announces Q1 2024 Operating Results Chicago, IL – May 8, 2024 – Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the first quarter ended March 31, 2024. Highlights: • Ended Q1 2024 with 3,987 locations; an increase of 5.1% compared to Q1 2023 • Ended Q1 2024 with 25,321 gaming terminals; an increase of 5.6% compared to Q1 2023 • Revenues of $301.8 million for Q1 2024; an increase of 2.9% compared to Q1 2023 • Net income of $7.4 million fo ...

Investors are always looking for stocks that are poised to beat at earnings season and Accel Entertainment, Inc. (ACEL) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Accel Entertainment is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — ...

The Zacks Gaming industry is likely to be hurt by high inflation and interest rate concerns. However, favorable developments in Macau's gaming revenues are playing a significant role in driving the sector forward. Also, strong demand for sports betting is contributing to the industry's trends. Stocks like Churchill Downs Incorporated (CHDN) , Light & Wonder, Inc. (LNW) and Accel Entertainment, Inc. (ACEL) will likely gain traction from this upbeat demand. Industry Description The Zacks Gaming industry inclu ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics ...

财务表现 - Accel Entertainment (ACEL) 预计在2024年3月报告的季度中，盈利将同比下降，但营收将增加[1] - 预计公司将在即将发布的报告中每股盈利0.20美元，同比下降20%，营收预计为2.9777亿美元，同比增长1.6%[4] 股价波动 - 如果关键数字超出预期，公司股价可能会上涨，反之则可能下跌[2] - 分析师们对公司未来盈利的预期会影响股价的短期波动，值得关注正面盈利预期的可能性[3]

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Accel Entertainment (ACEL) , which belongs to the Zacks Gaming industry. When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 45.22%, on average, in the last two quarters. For the last reported quarter, Accel Entertainment came out with earnings of $0.26 per share ...