Accel Entertainment (ACEL) Tops Q2 Earnings and Revenue Estimates

分组1 - Accel Entertainment reported quarterly earnings of $0.25 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, and showing an increase from $0.23 per share a year ago, representing an earnings surprise of 19.05% [1] - The company achieved revenues of $309.41 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 2.37% and increasing from $292.65 million year-over-year [1] - Over the last four quarters, Accel Entertainment has consistently surpassed consensus EPS and revenue estimates [1] 分组2 - The stock has underperformed the market with a gain of about 6.7% since the beginning of the year, compared to the S&P 500's gain of 14.5% [2] - The current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $296.13 million, and for the current fiscal year, it is $0.81 on revenues of $1.2 billion [4] - The Gaming industry, to which Accel Entertainment belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5]