Bally’s (BALY) Expected to Announce Earnings on Monday

Bally’s (NYSE:BALY) is projected to post its Q2 2026 results after the market closes on Monday, August 10th. Analysts expect the company to post earnings of ($1.08) per share and revenue of $789.8940 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Monday, August 10, 2026 at 4:00 PM ET.

Bally’s (NYSE:BALY) last released its quarterly earnings results on Monday, May 18th. The company reported ($2.69) EPS for the quarter, missing analysts’ consensus estimates of ($1.00) by ($1.69). The firm had revenue of $755.72 million for the quarter, compared to analysts’ expectations of $769.69 million. Bally’s had a negative net margin of 29.98% and a negative return on equity of 56.76%. On average, analysts expect Bally’s to post $-9 EPS for the current fiscal year and $-7 EPS for the next fiscal year.

Bally’s Trading Down 1.4%

Bally’s stock opened at $14.12 on Monday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 1.05 and a current ratio of 1.11. Bally’s has a fifty-two week low of $8.79 and a fifty-two week high of $20.74. The stock has a market cap of $690.92 million, a P/E ratio of -1.73 and a beta of 1.80. The firm’s fifty day moving average price is $13.95 and its 200-day moving average price is $13.41.

Hedge Funds Weigh In On Bally’s

A number of large investors have recently modified their holdings of BALY. JPMorgan Chase & Co. purchased a new stake in Bally’s in the second quarter worth approximately $33,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Bally’s in the 2nd quarter valued at $38,000. Police & Firemen s Retirement System of New Jersey grew its holdings in shares of Bally’s by 96.1% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 2,593 shares of the company’s stock valued at $43,000 after purchasing an additional 1,271 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Bally’s by 2,087.9% during the 2nd quarter. Bank of America Corp DE now owns 7,942 shares of the company’s stock valued at $76,000 after purchasing an additional 7,579 shares during the last quarter. Finally, New York State Common Retirement Fund purchased a new position in shares of Bally’s in the second quarter worth about $97,000. 70.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on BALY shares. Wall Street Zen cut Bally’s from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. Truist Financial lifted their price target on Bally’s from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Monday, July 20th. Stifel Nicolaus boosted their price objective on Bally’s from $12.00 to $13.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Weiss Ratings cut shares of Bally’s from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday. Finally, Barclays lowered their target price on shares of Bally’s from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 20th. Three research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $13.25.

Bally’s Company Profile

Bally’s Corporation is an integrated entertainment company engaged in the ownership, development and operation of land‐based casinos, sports betting venues and online gaming platforms. The company leverages the iconic Bally’s brand under a long‐term license to provide gaming and hospitality services across multiple channels, including retail casinos, mobile sports wagering and interactive casino games.

The company’s portfolio spans gaming properties in key U.S. jurisdictions such as Rhode Island, Colorado, New Jersey, Mississippi, Iowa, Indiana, Pennsylvania and Nevada.