Bally’s reports $59.5M profit in Q2, beats Wall Street estimates

BALLY'S CORP. on Thursday reported second-quarter net income of $59.5 million. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.
PROVIDENCE – Bally’s Corp. posted a profit of $59.5 million in the second quarter, a drop from $68.9 million one year prior, the company said Thursday. Earnings per diluted share were 98 cents, compared to $1.40 per share in the second quarter of 2021. Revenue totaled $552.7 million, an increase from $267.2 million one year…

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