Accel Entertainment: A Quarter With Horsepower

  • Accel's stock surged 14.3% in two months, nearing my price target of $12.50-$13.50, outperforming the S&P's 2.6% rebound post-'Trump Tariffs' scare. ACEL reported EPS of $0.17, beating estimates by $0.05, and revenue of $323.91 million, marking 7.3% year-over-year growth and a tenth straight double-beat. Fairmount Park's Phase 1 opened on time and under budget, expected to contribute $7-$8 million in EBITDA, with Phase 2 promising $25 million annually by FY 2027.