Accel Entertainment Seeks 5.7% Q4 Revenue Growth After $329.7M Q3 Revenue Beat
Accel Entertainment reported $329.7 million in Q3 revenue, up 9.1% year on year, and sold 27,714 video gaming terminals, a 7.7% increase, while missing adjusted operating income forecasts. Analysts expect Q4 revenue to grow 5.7% year on year, down from last year’s 6.9% rise.
1. Q3 Performance
Accel Entertainment delivered Q3 revenues of $329.7 million, reflecting a 9.1% year-on-year increase. The company sold 27,714 video gaming terminals, up 7.7% year over year, though adjusted operating income fell short of analyst forecasts.
2. Q4 Expectations
The consensus forecast calls for Q4 revenue growth of 5.7% year on year, down from a 6.9% increase in the same quarter a year earlier. Analysts have maintained their estimates over the past month, indicating a stable outlook for the upcoming report.
3. Peer Comparisons
In the gaming solutions space, Rush Street Interactive reported 27.8% revenue growth and Churchill Downs saw a 6.7% increase in their recent quarters. These results could shape investor sentiment as Accel prepares to announce its own Q4 figures.