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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the second quarter ended June 30, 2022. Highlights: Revenue of $227.9 million for Q2 2022, an increase of 13% compared to Q2 2021 Q2 2022 Illinois revenue per location per day was essentially flat when compared to Q2 2021 Net income of $22.5 million for Q2 2022; an increase of 81% compared to Q2 2021 Adjusted EBITDA of $42.7 million for Q2 2022, was essentially flat when

Accel Entertainment Announces Q2 2022 Operating Results

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced it will release its financial results for the second quarter ended June 30, 2022, after market close on August 9, 2022. The company will host a conference call Wednesday, August 10 at 8:30 AM ET / 7:30 AM CT to discuss these operating and financial results. Interested parties may join the live webcast by registering at https://ige.netroadshow.com/registration/q4inc/11350/accel-entertainment-q2-2022-earnings-call/.

Accel Entertainment, Inc. to Announce Second Quarter 2022 Financial Results

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) (“Accel”), a leading distributed gaming operator in the U.S., today announced the completion of its previously announced transaction to acquire Century Gaming, Inc. (“Century”), one of the leading distributed gaming operators in the Western United States, for $164.2 million in cash and stock, including Century's working capital. “We could not be more excited to further expand our operations in the Western United States with the Ce

Accel Entertainment Completes Century Gaming Acquisition

Las Vegas Sands

MGM Resorts

Robust demand for online betting bodes well for the Gaming industry. Stocks like LVS, MGM and ACEL are benefiting from improving industry trends.

3 Gaming Stocks to Watch Out For Despite Industry Woes

Accel Entertainment, Inc. (NYSE:ACEL ) Q1 2022 Earnings Conference Call May 5, 2022 12:00 PM ET Company Participants Derek Harmer - General Counsel and Chief Compliance Officer Andy Rubenstein - Chief Executive Officer Matt Ellis - Chief Financial Officer Conference Call Participants Chad Beynon - Macquarie Steve Pizzella - Deutsche Bank Stephen Grambling - Goldman Sachs Greg Gibas - Northland Securities Operator Good afternoon. Thank you for attending today's Accel Entertainment Q1 2022 Earnings Call.

Accel Entertainment, Inc. (ACEL) CEO Andy Rubenstein on Q1 2022 Results - Earnings Call Transcript

Accel Entertainment (ACEL) delivered earnings and revenue surprises of -9.52% and 0.85%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Accel Entertainment (ACEL) Misses Q1 Earnings Estimates

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the first quarter ended March 31, 2022. Highlights: Revenue of $196.9 million for Q1 2022, an increase of 34% compared to Q1 2021 Q1 2022 revenue per location per day increased 3% vs Q1 2021 Net income of $15.8 million for Q1 2022; an increase of 952% compared to Q1 2021 Adjusted EBITDA of $35.2 million for Q1 2022; an increase of 37% compared to Q1 2021 Q1 2022 ended wit

Accel Entertainment Announces Q1 2022 Operating Results

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced it will release its financial results for the first quarter ended March 31, 2022 after market close on May 4, 2022. The company will host a conference call at 11:00 AM CT / 12:00 PM ET on May 5, 2022 to discuss these operating and financial results. Interested parties may join the live webcast by registering at https://www.incommglobalevents.com/registration/q4inc/10452/accel-entertainment-q1-2022-earnings-call/ Re

Accel Entertainment, Inc. to Announce First Quarter 2022 Financial Results

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) (“Accel”) today announced that Mathew Ellis has been named Chief Financial Officer of Accel, effective May 1, 2022. Mr. Ellis, formerly Senior Vice President of Corporate Strategy for Accel, succeeds Brian Carroll, who last year notified the company of his intention to retire. Mr. Ellis will report directly to Accel CEO, Andy Rubenstein. Mr. Carroll has agreed to work closely with Mr. Ellis to ensure a smooth transition and will r

Accel Entertainment Names Mathew Ellis Chief Financial Officer

Accel Entertainment, Inc. (ACEL) CEO Andy Rubenstein on Q4 2021 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the three-months and full year ended December 31, 2021. Highlights: Ended 2021 with 2,584 locations; an increase of 6% compared to 2020 Ended 2021 with 13,639 VGTs; an increase of 11% compared to 2020 Record year for Revenue, Net Income, and Adjusted EBITDA Revenue of $192 million for Q4 2021 and $735 million for YE 2021 Net income of $7 million for Q4 2021 and $32 millio

Accel Entertainment Announces 2021 Operating Results

Accel Entertainment (ACEL) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why Momentum in Accel Entertainment (ACEL) Should Keep going

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, 2021 after market close on March 9, 2022. The company will host a conference call at 11:00 AM CT / 12:00 PM ET on March 10, 2022 to discuss these results. Interested parties may join the live webcast by registering at https://www.incommglobalevents.com/registration/q4inc/9890/accel-entertainment-q4-2021-earni

Accel Entertainment, Inc. to Announce Fourth Quarter and Full Year 2021 Financial Results

Accel Entertainment (ACEL) Is a Great Choice for "Trend" Investors, Here's Why

Shares of Accel Entertainment Inc (NYSE: ACEL) are up 33% this year, but Macquarie Group says it has reasons to believe the stock is still fairly inexpensive. Jordan Bender raises his price target on ACEL In a note to clients on Friday, Macquarie's Jordan Bender upgraded Accel Entertainment to “outperform” with a price target of […] The post Accel Entertainment stock outlook: Macquarie sees upside to $17 appeared first on Invezz.

Accel Entertainment stock outlook: Macquarie sees upside to $17

Macquarie analyst Jordan Bender upgraded Accel Entertainment Inc (NYSE:ACEL) to Outperform from Neutral with a price target of $17, up from $15, implying a 32% upside. Bender said the shares now trade at 6.4 times the estimated 2023 EBITDA, a valuation that does not reflect Accel's "stable fundamentals and near-term potential catalysts.

Macquarie Sees Sharp Upside In This Distributed Gaming Operator

The mean of analysts' price targets for Accel Entertainment (ACEL) points to a 33.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 33% Upside in Accel Entertainment (ACEL): Can the Stock Really Move This High?

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) (“Accel”), a leading distributed gaming operator in the U.S., today announced that the Company's Board of Directors has approved a share repurchase program of up to $200 million of shares of common stock. The timing and actual number of shares repurchased will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities. Accel Entertainment CEO Andy Rubenstein co

Accel Entertainment Announces $200 Million Share Repurchase Program

The consensus price target hints at a 26.2% upside potential for Accel Entertainment (ACEL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Accel Entertainment (ACEL) Could Surge 26%: Read This Before Placing a Bet

Fair Isaac

Tecnoglass

Interface

It is always advisable to follow broker rating upgrades to generate solid returns. So, we select Interface (TILE), Accel Entertainment (ACEL), Tecnoglass (TGLS), and Fair Isaac (FICO) as these have witnessed rating upgrades.

4 Stocks With Upgraded Broker Ratings for Enhanced Returns

Accel Entertainment (ACEL) delivered earnings and revenue surprises of 0.00% and 5.02%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Accel Entertainment (ACEL) Q3 Earnings Meet Estimates

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced certain financial and operating results for the third quarter ended September 30, 2021. Highlights: Q3 2021 ended with 2,549 locations; an increase of 8% compared to Q3 2020 Q3 2021 ended with 13,384 video gaming terminals (“VGTs”); an increase of 15% compared to Q3 2020 Revenue of $193.4 million for Q3 2021, an increase of 43% compared to Q3 2020 Q3 2021 revenue per location per day increased 34% vs Q3 2020 Net in

Accel Entertainment Announces Q3 2021 Operating Results

This stock is expected to show 125% topline growth this year and reports earnings early next week.

Bull Of The Day: Accel Entertainment (ACEL)

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: Can the Stock Move Higher?

CHICAGO--(BUSINESS WIRE)--Accel Entertainment, Inc. (NYSE: ACEL) today announced it will release its financial results for the third quarter ended September 30, 2021 after market close on November 3, 2021. The company will host a conference call at 11:00 AM CT / 12:00 PM ET on November 4, 2021 to discuss these operating and financial results. Interested parties may join the live webcast by registering at https://www.incommglobalevents.com/registration/q4inc/8854/accel-entertainment-q3-2021-earn

News for Accel Entertainment Stock (ACEL)