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Stock impact report

Accel Entertainment's (NYSE:ACEL) Q1 Sales Beat Estimates [Yahoo! Finance]

Accel Entertainment, Inc. (ACEL) 
Company Research Source: Yahoo! Finance
It made a GAAP profit of $0.09 per share, down from its profit of $0.11 per share in the same quarter last year. Is now the time to buy Accel Entertainment? Find out in our full research report Accel Entertainment (ACEL) Q1 CY2024 Highlights: Revenue: $301.8 million vs analyst estimates of $295.8 million (2.1% beat) EPS: $0.09 vs analyst expectations of $0.14 (35.8% miss) Gross Margin (GAAP): 30.7%, up from 30.1% in the same quarter last year Video Gaming Terminals Sold: Market Capitalization: $963.4 million Accel CEO Andy Rubenstein commented, “I am happy to report that we delivered another solid quarter despite some unfavorable weather early on, once again demonstrating the strength of our business model. We are cautiously optimistic about legislative trends we are seeing outside of Illinois and continue to explore opportunities to expand our national footprint. Given the strength of our balance sheet and experience with locally-focused gaming markets, we continue to Show less Read more
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