Accel Entertainment Inc is a leading provider of gaming services in the United States, specializing in legal and regulated gaming solutions such as video gaming terminals and related technology. The company partners with bar and restaurant owners to enhance their offerings by installing state-of-the-art gaming machines, thus creating an engaging entertainment experience for customers. Accel is focused on delivering innovative gaming products while ensuring compliance with regulations, contributing to the growth of the gaming industry in various jurisdictions. Through its commitment to operational excellence and customer service, the company aims to lead in the gaming sector, fostering enjoyable and responsible gaming environments. Read More
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead.
They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
Slot machine and terminal operator Accel Entertainment (NYSE:ACEL) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 6.9% year on year to $317.5 million. Its GAAP profit of $0.41 per share was significantly above analysts’ consensus estimates.
Slot machine and terminal operator Accel Entertainment (NYSE:ACEL)
will be announcing earnings results tomorrow after market hours. Here’s what to look for.
Accel Entertainment, Inc. (NYSE: ACEL) today announced it will release its financial and operating results for the fourth quarter and full year ended December 31, 2024 after market close on February 27, 2025. The company will host a conference call at 5:30 PM ET / 4:30 PM CT that same day to discuss these results.
Looking back on gaming solutions stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Churchill Downs (NASDAQ:CHDN) and its peers.
Let’s dig into the relative performance of Accel Entertainment (NYSE:ACEL) and its peers as we unravel the now-completed Q3 gaming solutions earnings season.
Accel Entertainment trades at $11.47 per share and has stayed right on track with the overall market, gaining 13.5% over the last six months. At the same time, the S&P 500 has returned 13.5%.
Accel Entertainment, Inc. (NYSE: ACEL) and Fairmount Holdings, Inc. today announced the successful closure of their transaction where Accel has acquired the owner of the FanDuel Sportsbook & Racetrack, for total consideration of approximately 3.45 million shares of Accel Class A-1 common stock. The strategic transaction adds a promising single site racetrack and future casino to extend Accel’s convenience gaming expertise to a larger and more concentrated form factor – an adjacency in locals gaming that is complementary to Accel’s steadily growing, route-based footprint.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Light & Wonder (NASDAQ:LNW) and the best and worst performers in the gaming solutions industry.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the gaming solutions industry, including PlayStudios (NASDAQ:MYPS) and its peers.
Accel Entertainment, Inc. (NYSE: ACEL) (“Accel” or the “Company”), a leading distributed gaming operator, today announced that it has completed the acquisition of 85% of the ownership interests of Toucan Gaming, LLC and LSM Gaming, LLC, two Louisiana-based route operators and owners of multiple licensed video poker establishments (collectively, “Toucan”), for approximately $40 million. The combined business will operate as Toucan Gaming throughout Louisiana and will be led by Stan Guidroz, an industry-leading gaming executive and current CEO of Toucan Gaming. Mr. Guidroz owns the remaining 15% of Toucan’s ownership interests and will lead the Accel team supporting Toucan’s continued growth.
Slot machine and terminal operator Accel Entertainment (NYSE:ACEL) announced better-than-expected revenue in Q3 CY2024, with sales up 5.1% year on year to $302.2 million. Its GAAP profit of $0.06 per share was 48.2% below analysts’ consensus estimates.
Slot machine and terminal operator Accel Entertainment (NYSE:ACEL)
will be reporting earnings tomorrow after market hours. Here’s what investors should know.
Accel Entertainment, Inc. (NYSE: ACEL) today announced it will release its financial and operating results for the third quarter ended September 30, 2024, after market close on October 30, 2024. The company will host a conference call at 5:30 PM ET / 4:30 PM CT that same day to discuss these results.
