Accel Entertainment Inc reports results for the quarter ended March 31 - Earnings Summary

• Accel Entertainment Inc ACEL.N reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 14 cents to 23 cents per share.

• Revenue rose 7.3% to $323.91 million from a year ago; analysts expected $318.75 million.

• Accel Entertainment Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $14.59 million.

• Accel Entertainment Inc shares had risen by 8.4% this quarter and gained 0.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 17.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the casinos & gaming peer group is also "buy"

• Wall Street's median 12-month price target for Accel Entertainment Inc is $15.00

This summary was machine generated from LSEG data May 6 at 06:44 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)