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Bally's Swings to Profit, Revenue Rises in Q1; Shares Up Pre-Bell

05/10/2021 04:18

08:04 AM EDT, 05/10/2021 (MT Newswires) -- Bally's (BALY) reported adjusted diluted EPS of $0.28 for Q1 of 2021, compared with a loss of $0.07 per share a year earlier. Analysts polled by Capital IQ expected adjusted EPS of $0.29.

Revenue for the quarter ended March 31 for the gaming company was $192.3 million, compared with $109.1 million in Q1 of 2020. The analysts' consensus forecast was for revenue of $171.7 million.

Shares of Bally's are up nearly 5% in premarket trading.

Price: 60.85, Change: +2.58, Percent Change: +4.43