By Amira McKee
Shares of Accel Entertainment gained after the gaming company logged fourth-quarter earnings and revenue that beat analyst estimates.
The stock climbed 18%, to $13.10, Wednesday afternoon and has risen 27% in the past year.
The Burr Ridge, Ill., company recorded a fourth-quarter net income of $16.1 million compared with $8.4 million a year earlier.
The results beat Wall Street's forecast for a net income of $15 million, according to FactSet.
Adjusted earnings before interest, taxes, depreciation, and amortization came in at $56.3 million, up 19% from the year prior.
Revenue grew 7.5%, to $341.4 million, ahead of the $335.5 million that analysts polled by FactSet were expecting.
As Chicago prepares to legalize video gaming terminals as part of its recently approved budget, the company is uniquely positioned to take advantage of the emerging market, Chief Executive Andrew Rubenstein said.
"Our existing regulatory relationships, operating infrastructure, route-management capabilities and strong financial position provide a clear advantage in our ability to service and scale this market quickly and efficiently with our existing platform," Rubenstein said on an analyst call.
Write to Amira McKee at amira.mckee@wsj.com
(END) Dow Jones Newswires
March 04, 2026 13:17 ET (18:17 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.