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Stock impact report

We Like Accel Entertainment's (NYSE:ACEL) Earnings For More Than Just Statutory Profit [Yahoo! Finance]

Accel Entertainment, Inc. (ACEL) 
Company Research Source: Yahoo! Finance
Our analysis suggests that shareholders might be missing some positive underlying factors in the earnings report. See our latest analysis for Accel Entertainment For anyone who wants to understand Accel Entertainment's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit was reduced by US$20m due to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And that's hardly a surprise given these line items are considered unusual. Assuming those unusual expenses don't come up again, we'd therefore expect Accel Entertainment to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitab Show less Read more
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