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Gaming and Leisure Properties, inc (GLPI) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
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earnings before interest, taxes, depreciation and amortization (EBITDA). Bally’s Atlantic City. Analysts say weakness in the stock could soon abate. (Image: NJ.com) Some analysts are sticking up for the casino stock after EBITDA for the first three months of the year came in slightly ahead of a previously released forecast. It was supported as Bally’s management delivered enthusiastic commentary on March and April land-based casino visitation trends. A significant part of Bally’s stock thesis is the company’s ongoing push into the fast-growing internet casinos and online sports betting sector. While the operator’s moves on those fronts are well-documented, one analyst argues they aren’t adequately reflected in the shared price. ....