Accel Entertainment ($ACEL) Much-Anticipated Q3 Earnings Report Is Drawing Near

Accel Entertainment (NYSE: ACEL) is set to announce its financial results for the third quarter of 2024 on Wednesday 30th October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.

Financial analysts on Wall Street are predicting that the business is expected to report an estimated per share $0.19 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $297.03 million during this period.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $1.21 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $0.88 during the fiscal year.

The per-share income of $0.22 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $287.5 million recorded during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.25 +4.2% 309.41 M +5.7%
Q1 2024 $0.23 -4.2% 301.82 M +2.9%
Q4 2023 $0.25 +4.2% 297.07 M +6.8%
Q3 2023 $0.22 +4.8% 287.50 M +7.7%
Q2 2023 $0.24 0% 292.65 M +28.4%
*Growth on year-over-year basis

 

ACEL will host a conference call with investment community on 30th October 2024 at 05:30 PM eastern time to discuss the financial results.

Monday's trading saw Accel Entertainment (ACEL) shares hit a low of $11.30 and a high of $11.43, with a day volume of 130.50 thousand shares. The stock closed the regular trading session at $11.36, marking 1.43 percent increase.

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