Profile
Sector:
Consumer CyclicalIndustry:
Resorts & CasinosCountry:
United StatesIPO:
04 January 1999Website:
http://www.goldenent.comNext earnings report:
07 November 2024Last dividends:
17 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:20:00 GMTAnalysts recommendations
Institutional Ownership
GDEN Latest News
Although the revenue and EPS for Golden Entertainment (GDEN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Golden Entertainment (GDEN) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.40 per share a year ago.
Golden Entertainment is positioned for future growth through strategic initiatives and an undervalued stock price. Financial performance shows a decline in revenue due to asset sales, but improved margins indicate a more focused portfolio. Opportunities like Atomic Golf and tavern expansion offer potential for revenue growth, despite challenges in the competitive Nevada gaming market.
LAS VEGAS--(BUSINESS WIRE)--Golden Entertainment, Inc. (NASDAQ: GDEN) (“Golden Entertainment” or the “Company”) today announced it has repriced and allocated its existing term loan credit facility due 2030 (the “Term Loan Facility”). The repricing amendment, which is subject to execution of definitive documentation and customary closing conditions, will reduce the applicable margin under the Term Loan Facility by 50 basis points, such that base rate loans and SOFR loans will bear interest at th.
Golden Entertainment (GDEN) lacks the necessary elements for a potential earnings surprise in its upcoming report. Be ready with the main expectations.
Golden Entertainment (GDEN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Golden Entertainment, Inc. (NASDAQ:GDEN) Q4 2023 Earnings Conference Call February 29, 2024 5:00 PM ET
Golden Entertainment (GDEN) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.35 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
After losing some value lately, a hammer chart pattern has been formed for Golden Entertainment (GDEN), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
What type of business is Golden Entertainment?
Golden Entertainment, Inc. owns and operates a diversified entertainment platform in the United States. The company operates through four segments; Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. It also operates casino, casino resorts, and taverns; and slot machines in third party non-casino locations. The company was incorporated in 1998 and is headquartered in Las Vegas, Nevada.
What sector is Golden Entertainment in?
Golden Entertainment is in the Consumer Cyclical sector
What industry is Golden Entertainment in?
Golden Entertainment is in the Resorts & Casinos industry
What country is Golden Entertainment from?
Golden Entertainment is headquartered in United States
When did Golden Entertainment go public?
Golden Entertainment initial public offering (IPO) was on 04 January 1999
What is Golden Entertainment website?
https://www.goldenent.com
Is Golden Entertainment in the S&P 500?
No, Golden Entertainment is not included in the S&P 500 index
Is Golden Entertainment in the NASDAQ 100?
No, Golden Entertainment is not included in the NASDAQ 100 index
Is Golden Entertainment in the Dow Jones?
No, Golden Entertainment is not included in the Dow Jones index
When was Golden Entertainment the previous earnings report?
No data
When does Golden Entertainment earnings report?
The next expected earnings date for Golden Entertainment is 07 November 2024