earnings
confidence high
sentiment neutral
materiality 0.75
Bally's Q4 revenue $611.7M (+6.1% YoY), net loss $263.5M; FY24 rev guidance $2.5-2.7B
Bally's Corp
2023-FY EPS reported
-$3.51
revenue$2,449,073,000
- Q4 2023 revenue $611.7M (up 6.1% YoY); net loss $263.5M vs $487.5M loss in Q4 2022.
- Casinos & Resorts rev $342.3M (+7.2%), International Interactive $236.0M (+2.1%), North America Interactive $33.4M (+26.9%).
- Full year 2023 revenue $2.45B (+8.6%); net loss $172.6M vs $425.5M in 2022.
- Repurchased 5.8M shares for $68.6M in Q4; $95.5M remaining under capital return program.
- FY2024 guidance: rev $2.5-2.7B, Adj. EBITDAR $655-695M; Casinos & Resorts EBITDAR $410-440M.