Accel Entertainment Announces Q2 2024 Operating Results Chicago, IL – July 30, 2024 – Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the second quarter ended June 30, 2024. Highlights: • Ended Q2 2024 with 4,034 locations; an increase of 4.7% compared to Q2 2023 • Ended Q2 2024 with 25,757 gaming terminals; an increase of 5.7% compared to Q2 2023 • Record revenues of $309.4 million for Q2 2024; an increase of 5.7% compared to Q2 2023 • Net income of $14.6 ...

The market expects Accel Entertainment (ACEL) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rel ...

Accel Entertainment, Inc. (ACEL) inked a deal to acquire Fairmount Holdings, Inc, the owner of FanDuel Sportsbook & Horse Racing. The acquisition is valued at approximately $35 million.    This strategic move boosts Accel's presence in the Collinsville, IL gaming market. This builds on its strong distributed, route-based platform with an advantaged, single-site local gaming asset. The acquisition includes the horse racing venue in greater St. Louis. ACEL will also gain an Organization Gaming License to offe ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and t ...

Accel Entertainment, Inc. (NYSE:ACEL) Q1 2024 Earnings Conference Call May 8, 2024 5:30 PM ET Company Participants Derek Harmer - General Counsel and CCO Andrew Rubenstein - President and CEO Mathew Ellis - CFO Conference Call Participants Chad Beynon - Macquarie Steve Pizzella - Deutsche Bank Operator Hello everyone. Thank you for attending today's Accel Entertainment Q1 2024 Earnings Call. My name is Sierra and I will be your moderator for today. All lines will be muted during the presentation portion of ...

A downtrend has been apparent in Accel Entertainment (ACEL) lately with too much selling pressure. The stock has declined 11.7% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators ...

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First Quarter 2024 Earnings Presentation May 2024 ACEL LISTED NYSE 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 num ...

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 company ...