Analysts maintain Hold ratings on Bally's as they assess Q4 results
Analysts at Jefferies and Truist Securities maintained Hold ratings on Bally’s after reviewing its fourth-quarter 2024 performance, according to the report. Truist said Bally’s adjusted EBITDA was 16% below its estimate and 26% below the wider market estimate, citing weakness in casinos and resorts. The analysts also reviewed AGS and Everi results and Las Vegas Strip room rates.
The assessments give investors analyst views on Bally’s performance, leverage and near-term trading conditions.