Core Viewpoint - The market anticipates a year-over-year decline in Accel Entertainment's earnings despite an increase in revenues for the quarter ending December 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Accel Entertainment is expected to report quarterly earnings of 308.85 million, up 4% from the previous year [3]. - The earnings report is scheduled for release on February 27, 2025, and could lead to stock price increases if results exceed expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised 2.7% higher in the last 30 days, indicating a collective reassessment by analysts [4]. - A positive Earnings ESP of +26.83% suggests that analysts have recently become more optimistic about the company's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy) [8]. - Accel Entertainment currently holds a Zacks Rank of 1, enhancing the likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Accel Entertainment exceeded the expected earnings of 0.22, resulting in a surprise of +22.22% [12]. - The company has successfully beaten consensus EPS estimates in the last four quarters [13]. Conclusion - Accel Entertainment is positioned as a compelling candidate for an earnings beat, but investors should consider additional factors influencing stock performance beyond earnings results [16].
Accel Entertainment (ACEL) Expected to Beat Earnings Estimates: Should You Buy?