Golden Entertainment Inc reports results for the quarter ended in December - Earnings Summary

Golden Entertainment

29/02/2024 22:01

* Golden Entertainment Inc  GDEN.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 35 cents.  The mean expectation of
five analysts for the quarter was for earnings of 25 cents per
share. Wall Street expected results to range from 21 cents to 29
cents per share.
    * Revenue fell 17.5% to $230.69 million from a year ago;
analysts
expected $234.03 million. 
    * Golden Entertainment Inc's reported EPS for the quarter
was a
loss of 33 cents​.
    * The company reported a quarterly loss of $9.37 million.
    * Golden Entertainment Inc shares had fallen by 8.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the casinos &
gaming
peer group is also "buy"

Wall Street's median 12-month price target for Golden
Entertainment Inc is $48.00 
This summary was machine generated from LSEG data February 29 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.25           0.09           Missed
 Sep. 30 2023      0.21           -2.10          Missed
 Jun. 30 2023      0.49           0.40           Missed
 Mar. 31 2023      0.54           0.38           Missed