For the quarter ended March 2023, Golden Entertainment (GDEN - Free Report) reported revenue of $278.05 million, up 1.6% over the same period last year. EPS came in at $0.38, compared to $1.12 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $279.41 million, representing a surprise of -0.49%. The company delivered an EPS surprise of -20.83%, with the consensus EPS estimate being $0.48.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Golden Entertainment performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Nevada Casino Resorts: $100.18 million versus the four-analyst average estimate of $28.97 million.
- Revenues- Maryland Casino: $18.13 million compared to the $17.69 million average estimate based on three analysts.
- Adjusted EBITDA- Nevada Casino Resorts: $31.71 million versus $33.15 million estimated by four analysts on average.
- Adjusted EBITDA- Maryland Casino: $5.13 million compared to the $5.21 million average estimate based on three analysts.
View all Key Company Metrics for Golden Entertainment here>>>Shares of Golden Entertainment have returned -8.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended March 2023, Golden Entertainment (GDEN - Free Report) reported revenue of $278.05 million, up 1.6% over the same period last year. EPS came in at $0.38, compared to $1.12 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $279.41 million, representing a surprise of -0.49%. The company delivered an EPS surprise of -20.83%, with the consensus EPS estimate being $0.48.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Golden Entertainment performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Nevada Casino Resorts: $100.18 million versus the four-analyst average estimate of $28.97 million.
- Revenues- Maryland Casino: $18.13 million compared to the $17.69 million average estimate based on three analysts.
- Adjusted EBITDA- Nevada Casino Resorts: $31.71 million versus $33.15 million estimated by four analysts on average.
- Adjusted EBITDA- Maryland Casino: $5.13 million compared to the $5.21 million average estimate based on three analysts.
View all Key Company Metrics for Golden Entertainment here>>>Shares of Golden Entertainment have returned -8.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Top 5 ChatGPT Stocks Revealed
Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
Download Free ChatGPT Stock Report Right Now >>
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