EBITDAR

The Ensign Group Reports Fourth Quarter and Fiscal Year 2022 Results; Issues 2023 Guidance

Retrieved on: 
Thursday, February 2, 2023

Ensign also reported adjusted earnings per share2 of $1.10 for the quarter and $4.14 for the year.

Key Points: 
  • Ensign also reported adjusted earnings per share2 of $1.10 for the quarter and $4.14 for the year.
  • Same store and transitioning occupancy increased by 2.9% and 4.3%, respectively, over the prior year quarter and increased by 1.0% and 0.8%, respectively, sequentially over the third quarter.
  • GAAP net income was $60.5 million and adjusted net income(1) was $62.7 million for the quarter, an increase of 24.1% and 14.1%, respectively, over the prior year quarter.
  • A live webcast will be held Friday, February 3, 2023 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time) to discuss Ensign’s fourth quarter of 2022 financial results.

Ancora Sends Letter to IAA’s Board of Directors Regarding the Poorly Structured Proposed Sale to Ritchie Bros.

Retrieved on: 
Monday, November 14, 2022

We view IAAs proposed sale to Ritchie Bros. as a poorly structured sweetheart deal that puts leaderships interests ahead of shareholders best interests.

Key Points: 
  • We view IAAs proposed sale to Ritchie Bros. as a poorly structured sweetheart deal that puts leaderships interests ahead of shareholders best interests.
  • Despite this high regard, we are uninterested in seeing Ritchie Bros. shareholders walk away with a high-quality business, like IAA, without providing proper consideration.
  • In our opinion, IAA is as good of a business if not better than Ritchie Bros. under the right leadership.
  • Ultimately, whatever actions Ancora takes regarding the deal approval process will be dictated by the respective share prices of IAA and Ritchie Bros.

EQS-News: PATRIZIA SE: Weaker markets impact PATRIZIA’s 9M 2022 EBITDA: AUM and recurring management fees still growing but FY 2022 guidance adjusted

Retrieved on: 
Friday, November 11, 2022

PATRIZIA SE: Weaker markets impact PATRIZIAs 9M 2022 EBITDA: AUM and recurring management fees still growing but FY 2022 guidance adjusted

Key Points: 
  • PATRIZIA SE: Weaker markets impact PATRIZIAs 9M 2022 EBITDA: AUM and recurring management fees still growing but FY 2022 guidance adjusted
    The issuer is solely responsible for the content of this announcement.
  • Weaker markets impact PATRIZIAs 9M 2022 EBITDA: AUM and recurring management fees still growing but FY 2022 guidance adjusted
    Continued growth of AUM to EUR 57.1bn (31.12.2021: EUR 48.6bn; +17.4% y-t-d)
    Guidance 2022 adjusted to EBITDA of EUR 70.0 - 85.0m before reorganisation expenses, and EBITDA of EUR 60.0 - 75.0m, including reorganisation expenses
    Augsburg, 9 November 2022.
  • Assets under Management (AUM) and the associated recurring management fees continued to grow, almost offsetting the declines in transaction and performance fees.
  • Due to delayed investments, the guidance for growth in Assets under Management and for management fees for FY 2022 has to be adjusted as well, albeit to a relatively low degree.

Boyd Gaming Reports First-Quarter 2022 Results

Retrieved on: 
Tuesday, April 26, 2022

We provide this information to investors to enable them to perform comparisons of our past, present and future operating results and as a means to evaluate the results of core on-going operations.

Key Points: 
  • We provide this information to investors to enable them to perform comparisons of our past, present and future operating results and as a means to evaluate the results of core on-going operations.
  • Founded in 1975, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states.
  • Through a long-standing company philosophy called Caring the Boyd Way, Boyd Gaming is committed to advancing Environmental, Social and Corporate Governance (ESG) initiatives that positively impact the Companys stakeholders and communities.
  • Our commitment to being an employer of choice has been recognized by Forbes magazine, which named Boyd Gaming the highest-ranked gaming company in Americas Best Employers for Diversity in 2021, and Nevadas Best Employers in 2020 and 2021.

Bowlero, World’s Largest Owner and Operator of Bowling Centers, Outperforms Q1 2022 Fiscal Year Expectations and Dramatically Outpaces Pre-Pandemic Performance

Retrieved on: 
Monday, November 15, 2021

Net Income for the quarter was $25 million vs. a loss of $20 million in the first quarter of fiscal year 2021.

Key Points: 
  • Net Income for the quarter was $25 million vs. a loss of $20 million in the first quarter of fiscal year 2021.
  • Bowlero achieved its fourth best quarter ever, as measured by total center revenue, in what is seasonally a lower sales volume quarter.
  • This follows Bowlero significantly outperforming expectations for fiscal year 2021, which ended June 26, 2021.
    Leisure revenue, which accounts for the bulk of revenue, rose 22% from pre-pandemic levels.
  • Bowlero performed better than guided across nearly all center level metrics and results in the first quarter of fiscal year 2022.

Pennant Previews Third Quarter 2021 Results, Adjusts Guidance and Announces Earnings Release and Call Date

Retrieved on: 
Monday, November 1, 2021

The Company expects to issue its third quarter 2021 financial results on Monday, November 8, 2021.

Key Points: 
  • The Company expects to issue its third quarter 2021 financial results on Monday, November 8, 2021.
  • In those impacted markets, we experienced a decline of nearly 17% in elective procedure admissions in the third quarter when compared to the second quarter 2021.
  • The Companys revised 2021 annual guidance is based on diluted weighted average shares outstanding of approximately 30.8 million and a 25.9% effective tax rate.
  • Commenting on guidance, Mr. Walker noted, Our revised guidance reflects the challenging operating environment experienced during the third quarter and our expectation of some lingering impacts in the fourth quarter.

Showing No Signs of Slowing Down, Global Online Gambling Market Expected To Reach A Total Market Size Of $66 Billion In 2025

Retrieved on: 
Tuesday, September 21, 2021

According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments.

Key Points: 
  • According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments.
  • The report projected that the global online gambling market, which was valued at US$44.317 billion in 2019, is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025.
  • ResearchAndMarkets continued saying, "Growing popularity of betting across different regions around the globe is significantly driving the global online gambling market.
  • Moreover, proliferation of sports betting along with other online gambling ads is further attracting people to try online gambling, thus positively impacting the market growth during the forecast period."

Showing No Signs of Slowing Down, Global Online Gambling Market Expected To Reach A Total Market Size Of $66 Billion In 2025

Retrieved on: 
Tuesday, September 21, 2021

PALM BEACH,  Fla., Sept. 21, 2021 /PRNewswire/ -- The Global Online Gambling Market is another survivor that thrived in during the COVID-19 pandemic. The recent COVID-19 pandemic has led to a sudden rise in the revenues of online gambling service providers, thus positively impacting the overall market growth. According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments. According to ResearchAndMarkets, the figures show that the online gambling has emerged as one of the biggest winners during the shutdown alongside services such as online retail, food delivery, and subscription services. The report also said, "Increasing number of cost-effective mobile applications to play different online gambling games on smartphones is also contributing to the market growth of online gambling worldwide. Ease of sports betting using a portable connected device such as smartphone, laptop, and tablet has increased the number of players in the online gambling industry. The report projected that the global online gambling market, which was valued at US$44.317 billion in 2019, is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025.  Active gaming and tech companies in the markets today include: Esports Technologies (NASDAQ: EBET), NeoGames S.A., (NASDAQ: NGMS), Score Media and Gaming Inc. (NASDAQ: SCR) (TSX: SCR), Boyd Gaming Corporation (NYSE: BYD), Penn National Gaming, Inc. (NASDAQ: PENN).

Key Points: 
  • According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments.
  • The report projected that the global online gambling market, which was valued at US$44.317 billion in 2019, is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025.
  • ResearchAndMarkets continued saying, "Growing popularity of betting across different regions around the globe is significantly driving the global online gambling market.
  • Moreover, proliferation of sports betting along with other online gambling ads is further attracting people to try online gambling, thus positively impacting the market growth during the forecast period."

Medical Properties Trust and HCA Healthcare Agree to 15-Year Master Lease for Hospitals Representing $1.2 Billion of MPT Assets

Retrieved on: 
Tuesday, September 21, 2021

Since the acquisition of the Utah hospitals in 2017, MPT has recorded more than $300 million in real estate rent and interest from these properties.

Key Points: 
  • Since the acquisition of the Utah hospitals in 2017, MPT has recorded more than $300 million in real estate rent and interest from these properties.
  • Upon completion of the transaction between HCA Healthcare and Steward, MPT and HCA Healthcare will enter into a new 15-year master lease for the five Utah hospitals, with no change to the cash rent payable to MPT under the existing Steward master lease.
  • HCA Healthcare will have certain options to purchase the facilities starting in 2028, while MPT will have certain options to sell the facilities to HCA Healthcare.
  • The resulting new 15-year lease with HCA Healthcare strongly validates our initial underwriting and $1.2 billion purchase price for these properties.

Value Of The Esports Betting Industry Forecasted To Reach $13.05 Billion Dollars By 2025

Retrieved on: 
Thursday, August 19, 2021

The biggest esports tournaments for games now offer millions of dollars worth of prize pools, and they just show how competitive and lucrative the esports industry is.

Key Points: 
  • The biggest esports tournaments for games now offer millions of dollars worth of prize pools, and they just show how competitive and lucrative the esports industry is.
  • More and more people are now starting to follow esports events and the betting industry knows this very well, and now, more people are starting to participate in esports betting.
  • With that, the value of the esports betting industry alone is forecasted to grow as big as 13.05 billion US dollars by 2025.
  • It was last year when the UK Gambling Commission reported that the growth rate of esports betting reached an astounding 2992 percent in just 12 months."