Over the last six months, Golden Entertainment shares have sunk to $26.44, producing a disappointing 14.8% loss - worse than the S&P 500’s 1.7% drop. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 28.8% year on year to $164.2 million. Its GAAP profit of $0.10 per share was 50.3% below analysts’ consensus estimates.
Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN)
will be announcing earnings results tomorrow after market hours. Here’s what to look for.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the casino operator industry, including Golden Entertainment (NASDAQ:GDEN) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at PENN Entertainment (NASDAQ:PENN) and the best and worst performers in the casino operator industry.
Golden Entertainment has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 13% to $33.01 per share while the index has gained 12.9%.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the casino operator industry, including Red Rock Resorts (NASDAQ:RRR) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at casino operator stocks, starting with Caesars Entertainment (NASDAQ:CZR).
Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 37.4% year on year to $161.2 million. Its GAAP profit of $0.18 per share was 101% above analysts’ consensus estimates.
Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN)
will be reporting results tomorrow after the bell. Here’s what you need to know.
GDEN stock results show that Golden Entertainment missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.
