NYSE$ACEL

Accel Entertainment Inc · Q2 2019 earnings

Q2 2019 earnings · · Investor relations

Briefing

Accel Entertainment reported increased revenue and net income for Q2 2019.

Accel Entertainment announced strong Q2 2019 results, with revenue increasing by 15% to $84.1 million and net income rising to $7.4 million. The company continues to expand its footprint and strengthen its market position.

  • Revenue increased 15% year-over-year to $84.1 million.
  • Net income reached $7.4 million, a significant increase compared to the previous year.
  • The company expanded its footprint by adding new locations and terminals.
  • Accel Entertainment is focused on strategic acquisitions and organic growth opportunities.

Headline financials

Total Revenue

$202M

Previous: $79.7M+153.1%
EPS (adj)

$0.07

Previous: $0.03+140.8%
Total Locations

2.3K

No prior period
Total Gaming Terminals

12.6K

No prior period
Capital Expenditures

$5.02M

No prior period
Free Cash Flow

-$22.7M

No prior period
Net Income

$7.4M

Previous: $1.63M+352.6%
Operating Income

$13M

Previous: -$166K+7917.8%
Gross Profit

$38.2M

Previous: $29.2M+30.7%
Cash & Equivalents

$692K

No prior period
Total Assets

$462M

No prior period
Stock-Based Comp

$128K

No prior period

Revenue & EPS history

Accel Entertainment · Revenue · Quarterly

$202M

Q2 2019+153.1%vs Q2 2018
Beat estimate in 5 of 6 quarters(83%)
ActualEstimate

Forward guidance

Accel Entertainment expects continued growth and profitability in the coming quarters, driven by expansion and strategic initiatives.

Tailwinds

  • Continued expansion into new and existing markets.
  • Focus on strategic acquisitions to increase market share.
  • Investments in technology and infrastructure to improve efficiency.
  • Strong customer relationships and brand loyalty.
  • Favorable regulatory environment supporting growth.

Headwinds

  • Increased competition in the gaming market.
  • Potential economic downturn affecting consumer spending.
  • Regulatory changes impacting operations.
  • Integration challenges with acquired businesses.
  • Fluctuations in gaming terminal performance.

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 Q2 2019

Historical avgQ2 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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