Accel Entertainment

Accel Entertainment, Inc. operates as a distributed gaming operator. It is involved in the installation, maintenance, and operation of gaming terminals, redemption devices that disburse winnings and contain automated teller machine (ATM) functionality, and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. It also provides licensed establishment partners gaming solutions that appeal to players who patronize those businesses. In addition, the firm operates stand-alone ATMs in gaming and non-gaming locations, as well as amusement devices, including jukeboxes, dartboards, pool tables, pinball machines, and other related entertainment equipment. The company was founded by Andrew Rubenstein and Gordon Rubenstein on December 8, 2010 and is headquartered in Burr Ridge, IL.

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Accel Entertainment reports record revenue in Q4 2022 earnings call

Accel Entertainment delivered strong financial performance in Q4 2022 and the full year, driven by revenue growth, operational efficiency, and strategic investments.
While facing challenges such as inflation and macroeconomic uncertainty, the company is actively addressing these issues and focusing on growth opportunities in new markets.
With a solid foundation, active M&A pipeline, and a focus on technology and market expansion, Accel is poised to navigate challenges and capitalize on opportunities for future success.

Accel Entertainment (ACEL) reports record-breaking Q1 results and eyes new markets for growth

Accel Entertainment (ACEL) delivered exceptional Q1 2023 results driven by revenue growth from acquisitions and same-store sales increases in Illinois. The company's strategic focus on expanding into new markets and optimizing expenses positions them well for future growth. Active M&A efforts and a strong growth playbook underscore their commitment to diversifying revenue streams and enhancing shareholder value.

Accel Entertainment reports strong Q2 growth amidst regulatory wins

Accel Entertainment's Q2 2023 performance reflects robust revenue growth and operational efficiency enhancements, driven by strategic acquisitions and technology investments.
While facing challenges such as macroeconomic uncertainty and weather impacts, the company remains focused on growth through expansion initiatives and cost management strategies.
With opportunities in new markets like North Carolina and ongoing M&A activities, Accel is poised to leverage market demand for sustained growth in the upcoming year.

Accel Entertainment reports robust Q3 performance and eyes nationwide growth

Accel Entertainment's Q3 2023 performance reflects solid revenue growth, stable cost structure, and strategic share repurchases, positioning the company for continued success.
Despite macroeconomic uncertainties, the company's strengths in customer demand, growth opportunities, and management confidence bode well for future expansion and value creation.
Challenges related to guidance, inflationary impacts, and growth execution require careful navigation, but the company's proactive approach and strong foundation offer opportunities for sustained growth.

Accel Entertainment reports record revenue in 2023, eyes nationwide growth

Accel Entertainment's strong financial performance in 2023 reflects successful strategic initiatives and acquisitions driving revenue growth. While facing macroeconomic uncertainties, the company remains focused on capitalizing on growth opportunities and enhancing shareholder value through share repurchases.

Accel Entertainment reports revenue growth in Q1 2024 earnings call

Accel Entertainment's Q1 2024 performance showed revenue and EBITDA growth despite challenges.
The company's financial strength, active growth pipeline, and liquidity provide a solid foundation for future expansion.
While facing challenges like rising costs and legislative impacts, Accel remains optimistic about growth opportunities.

Accel Entertainment reports record-breaking Q2 earnings and strategic expansion

Accel Entertainment delivered a stellar performance in Q2 2024, achieving record revenue and highlighting growth in key markets. The company's strategic strengths, despite challenges like increased gaming taxes, position it well for future opportunities.
With a focus on enhancing player experience, pursuing M&A opportunities, and navigating market dynamics, Accel is poised for continued growth. The pending Fairmount Park acquisition and strong financial performance underscore the company's potential.
Addressing challenges such as tax increases and operational complexities while capitalizing on growth opportunities will be crucial for Accel's success. The company's solid financial foundation and strategic initiatives set the stage for sustained growth and value creation.

Accel Entertainment reports robust Q3 performance and strategic growth plans

Accel Entertainment's Q3 performance reflects strong revenue and EBITDA growth, supported by operational improvements and strategic initiatives.
While facing regulatory challenges and debt management concerns, the company's financial stability and focus on shareholder value creation are notable strengths.
With a proactive approach to portfolio optimization, expansion plans, and a positive growth outlook, Accel is poised for continued success in the gaming industry.

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Robust demand for online betting bodes well for the Gaming industry. Stocks like CHDN, LNW and ACEL benefit from an improving industry trend.

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Accel Entertainment (ACEL) Right Now?

Accel Entertainment (ACEL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Accel Entertainment (ACEL) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced it will release its financial and operating results for the first quarter ended March 31, 2024, after market close on May 8, 2024. The company will host a conference call at 5:30 PM ET / 4:30 PM CT that same day to discuss these results. Interested parties may join the live webcast by registering at https://www.netroadshow.com/events/login?show=029ad323&confId=63414. Registering in advance of the call will prov.

Accel Entertainment, Inc. to Announce First Quarter 2024 Financial Results

Accel Entertainment (ACEL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Accel Entertainment (ACEL) Beat Estimates Again in Its Next Earnings Report?

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Accel Entertainment is a leader in the VGT market with a loyal customer base and long-term contracts, making it a strong investment opportunity. The company faces competition in the distributed gaming industry, particularly in Illinois, but its market position and strategic growth plans protect its returns. Accel has growth opportunities in new markets where VGTs are permitted and through acquisitions, positioning it for future success in the expanding VGT market.

Accel Entertainment: A VGT Leader Poised For Takeoff

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Accel's (ACEL) fourth-quarter 2023 results reflect growth in the number of locations and gaming terminals, contributing to the top-line growth. Also, its focus on the local gaming market bodes well.

Accel (ACEL) Q4 Earnings & Revenues Beat Estimates, Up Y/Y

Accel Entertainment, Inc. (ACEL) Q4 2023 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the three-months and year ended December 31, 2023. Highlights: Ended 2023 with 3,961 locations; an increase of 6% compared to 2022; excluding Nebraska, locations increased 3% compared to 2022 Ended 2023 with 25,083 gaming terminals, an increase of 7% compared to 2022; excluding Nebraska, gaming terminals increased 5% compared to 2022 Another record year for Revenue and Ad.

Accel Entertainment Announces 2023 Operating Results

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced it will release its financial and operating results for the fourth quarter and full year ended December 31, 2023 after market close on February 28, 2024. The company will host a conference call at 5:30 PM ET / 4:30 PM CT that same day to discuss these results. Interested parties may join the live webcast by registering at https://www.netroadshow.com/events/login?show=6a462f7f&confId=59904. Registering in advanc.

Accel Entertainment, Inc. to Announce Fourth Quarter and Full Year 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Accel Entertainment, Inc. (NYSE: ACEL) (f/k/a TPG Pace Holdings Corp.) concerning the Company and its directors' and officers' possible violations of state laws. If you own Accel Entertainment stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park A.

Glancy Prongay & Murray LLP Announces Investigation of Accel Entertainment, Inc. (ACEL) (f/k/a TPG Pace Holdings Corp.)

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Is Accel Entertainment (ACEL) Outperforming Other Consumer Discretionary Stocks This Year?

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After losing some value lately, a hammer chart pattern has been formed for Accel Entertainment (ACEL), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here's Why Accel Entertainment (ACEL) Is a Great 'Buy the Bottom' Stock Now

Is Accel Entertainment (ACEL) Stock Undervalued Right Now?

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Accel Entertainment (ACEL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Accel Entertainment (ACEL) Upgraded to Buy: Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 36.9% in Accel Entertainment (ACEL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in Accel Entertainment (ACEL)? Wall Street Analysts Think 36.87%

Accel Entertainment, Inc. (NYSE:ACEL ) Q3 2023 Earnings Conference Call November 7, 2023 5:30 PM ET Company Participants Derek Harmer - General Counsel, Chief Compliance Officer & Secretary Andrew Rubenstein - Co-Founder, President, CEO & Director Mathew Ellis - CFO Conference Call Participants Steven Pizzella - Deutsche Bank Samir Ghafir - Macquarie Research Gregory Gibas - Northland Capital Markets Operator Good afternoon, and thank you for attending today's Accel Entertainment third quarter earnings call. My name is Jason, and I'll be the moderator for today.

Accel Entertainment, Inc. (ACEL) Q3 2023 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the third quarter ended September 30, 2023. Highlights:   Ended Q3 2023 with 3,687 locations; an increase of 5% compared to Q3 2022 Ended Q3 2023 with 24,016 gaming terminals; an increase of 7% compared to Q3 2022 Revenue of $287.5 million for Q3 2023, an increase of 8% compared to Q3 2022 Net income of $10.5 million for Q3 2023; a decrease of 53% compared to Q3 2022 prim.

Accel Entertainment Announces Q3 2023 Operating Results

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced it will release its financial and operating results for the third quarter ended September 30, 2023, after market close on November 7, 2023. The company will host a conference call at 5:30 PM ET / 4:30 PM CT that same day to discuss these results. Interested parties may join the live webcast by registering at https://www.netroadshow.com/events/login?show=b504ca72&confId=56166. Registering in advance of the call.

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