Golden Entertainment Inc expected to post earnings of 19 cents a share - Earnings Preview

Golden Entertainment

07/08/2024 01:59

* Golden Entertainment Inc  GDEN.OQ   GDEN.O  is expected
to show
a fall in quarterly revenue when it reports  results on August 8
for the period ending June 30 2024
    * The Las Vegas Nevada-based  company is expected to report
a
39.4% decrease in revenue to $173.615 million from $286.68
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenues)
    * ​LSEG's mean analyst estimate for Golden Entertainment Inc
is
for earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Golden
Entertainment Inc is $40.00​, above​ its last closing price
of $27.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.16        0.16       0.04      Missed  -74.7
 Dec. 31 2024  0.24        0.25       0.09      Missed  -63.3
 Sep. 30 2023  0.21        0.21       -2.10     Missed  -1,082
                                                        .5​
 Jun. 30 2023  0.48        0.49       0.40      Missed  -18.6
 ​​Mar.        0.51        0.54       0.38      Missed  -29.5
 31 2023                                                
 Dec. 31 2022  0.54        0.60       0.35      Missed  -41.6​
 Sep. 30 2022  0.58        0.60       0.45      Missed  -25.2
 Jun. 30 2022  0.90        0.90       0.67      Missed  -25.9
 This summary was machine generated August 7 at 00:59 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)