Golden Entertainment Q2 2024 GAAP EPS $0.02 Misses $0.22 Estimate, Sales $167.334M Miss $173.615M Estimate
Portfolio Pulse from Benzinga Newsdesk
Golden Entertainment (NASDAQ:GDEN) reported Q2 2024 earnings per share (EPS) of $0.02, missing the analyst consensus estimate of $0.22 by 90.91%. The company also reported quarterly sales of $167.334 million, which missed the analyst consensus estimate of $173.615 million by 3.62%. This represents a 41.63% decrease in sales compared to the same period last year.
August 08, 2024 | 8:36 pm
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Golden Entertainment (NASDAQ:GDEN) reported Q2 2024 earnings per share (EPS) of $0.02, missing the analyst consensus estimate of $0.22 by 90.91%. The company also reported quarterly sales of $167.334 million, which missed the analyst consensus estimate of $173.615 million by 3.62%. This represents a 41.63% decrease in sales compared to the same period last year.
Golden Entertainment's significant miss on both EPS and sales estimates, along with a substantial year-over-year decline in sales, is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100