NYSE$ACEL

Accel Entertainment Inc · Q1 2019 earnings

Q1 2019 earnings · · Investor relations

Briefing

Accel Entertainment reported first quarter results

Accel Entertainment reported a strong first quarter, demonstrating growth in revenue and net income. The company's focus on expanding its footprint and enhancing its technological capabilities contributed to the positive results.

  • Revenue increased to $99.1 million.
  • Net income reached $7.7 million.
  • Adjusted EBITDA grew to $24.7 million.
  • The company continues to expand its presence in the Illinois market.

Headline financials

Total Revenue

$97.4M

Previous: $79.7M+22.3%
EPS (adj)

$0.07

Previous: $0.02+249.7%
Total Locations

2.9K

No prior period
Total Gaming Terminals

16.8K

No prior period
Adjusted EBITDA

$24.7M

No prior period
Capital Expenditures

$5.58M

No prior period
Free Cash Flow

$12.3M

No prior period
Net Income

$7.7M

Previous: $1.13M+583.6%
Operating Income

$13M

Previous: -$289K+4604.5%
Cash & Equivalents

$332K

No prior period
Total Assets

$460M

No prior period
Stock-Based Comp

$128K

No prior period

Revenue & EPS history

Accel Entertainment · Revenue · Quarterly

$97.4M

Q1 2019+22.3%vs Q1 2018
Beat estimate in 5 of 6 quarters(83%)
ActualEstimate

Forward guidance

Accel Entertainment provided guidance for the full year, expecting continued growth and profitability. The company anticipates further expansion and technological advancements to drive future success.

Tailwinds

  • Continued expansion in existing and new markets.
  • Technological advancements enhancing player experience.
  • Strong growth in revenue and profitability.
  • Focus on operational efficiency and cost management.
  • Positive outlook for the gaming industry.

Headwinds

  • Potential regulatory changes impacting operations.
  • Increased competition in the gaming market.
  • Economic downturn affecting consumer spending.
  • Supply chain disruptions impacting equipment availability.
  • Uncertainty surrounding the COVID-19 pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2019

Historical avgQ1 2019

-0.7%

Avg return

Earnings day

-4.6%

Avg return

5 days after

+1.1%

Avg return

30 days after

53%

18 / 34 earnings

Positive

+29.1%

Q2 2020

Best reaction

-19.7%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.1%-4.8%-1.2%
Q4 2025+19.2%+3.7%-0.3%
Q3 2025-0.7%-1.5%+1.6%
Q1 2025+4.6%+6.0%+3.4%
Q4 2024-8.0%-10.9%-14.9%
Q3 2024-3.7%-3.8%+0.8%
Q2 2024+11.3%-0.7%+6.8%
Q1 2024-13.8%-13.3%-11.7%
Q4 2023+7.9%+7.7%+12.3%
Q3 2023+5.3%+3.5%-3.8%
Q2 2023+8.1%+2.8%+6.8%
Q1 2023+7.3%+3.1%+10.3%
Q4 2022+2.7%+2.8%-2.1%
Q3 2022-11.8%-11.5%-14.6%
Q2 2022-19.7%-11.8%-23.6%
Q1 2022-9.9%-16.1%-10.6%
Q4 2021+4.1%-1.9%-9.0%
Q3 2021+0.2%+2.2%+0.2%
Q2 2021+4.6%+3.0%+4.7%
Q1 2021+8.2%+10.7%+4.3%
Q4 2020-2.7%-10.2%-5.9%
Q3 2019+0.8%+7.9%+4.5%
Q3 2020+0.8%+7.9%+4.5%
Q2 2020+29.1%+27.5%+61.1%
Q1 2019-13.3%-7.9%+13.6%
Q1 2020-13.3%-7.9%+13.6%
Q4 2017-11.3%-35.6%-3.1%
Q2 2019-11.3%-35.6%-3.1%
Q4 2019-11.3%-35.6%-3.1%
Q4 2018-11.3%-35.6%-3.1%
Q3 2018+0.2%+0.3%+0.0%
Q2 2018+0.3%+0.0%-1.0%
Q1 2018-0.1%+0.4%+0.3%
Q3 2017+0.0%+0.2%+0.4%
Q2 2017
Q1 2017

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