Full House Resorts Q4 2023 GAAP EPS $(0.360) Misses $(0.170) Estimate, Sales $60.029M Miss $63.134M Estimate
Portfolio Pulse from Benzinga Newsdesk
Full House Resorts (NASDAQ:FLL) reported Q4 2023 earnings with a GAAP EPS of $(0.360), missing the $(0.170) estimate, and sales of $60.029M, missing the $63.134M estimate. This represents a 66.37% increase in sales compared to the same period last year.
March 05, 2024 | 9:23 pm
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NEGATIVE IMPACT
Full House Resorts reported a significant miss in both EPS and sales estimates for Q4 2023, but showed a strong year-over-year sales growth.
The miss in both EPS and sales estimates is likely to negatively impact investor sentiment in the short term, despite the strong year-over-year sales growth. The significant miss in EPS, by over 111%, is particularly concerning and could lead to a decrease in stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100