StockNews.AI
BALY
StockNews.AI
167 days

Bally's Corporation Announces Fourth Quarter and Full Year 2024 Results

1. Bally's reported Q4 revenue drop of 5.1% to $580.4 million. 2. U.K. online revenue grew by 11.3%, contrasting international decline.

-3.54%Current Return
VS
-1.77%S&P 500
$12.9903/05 04:20 PM EDTEvent Start

$12.5303/06 11:09 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bearish?

The 5.1% revenue decrease indicates declining performance, reminiscent of past revenue downturns affecting stock prices significantly.

How important is it?

Bally's declining revenues are critical for investors assessing financial health and future growth prospects.

Why Short Term?

Immediate market reactions often correlate with quarterly results, influencing investor sentiment and price volatility.

Related Companies

PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) today reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Results and Operating Highlights Company-wide revenue of $580.4 million, a decrease of 5.1% year over year Casinos & Resorts revenue of $324.4 million, down 5.2% year over year U.K. online revenue grew 11.3% while overall International Interactive revenue declined 9.1% year over year to $214.5 million North Ame.

Related News