Golden Entertainment (GDEN) Q4 Earnings and Revenues Miss Estimates

Core Insights - Golden Entertainment reported quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of$ 0.22 per share, and down from $0.18 per share a year ago, representing an earnings surprise of -54.55% [1] - The company posted revenues of$ 164.2 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 3.08%, and down from $230.69 million year-over-year [2] - The stock has underperformed the market, losing about 0.6% since the beginning of the year compared to the S&P 500's gain of 1.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.27 on revenues of $173.05 million, and for the current fiscal year, it is$ 0.84 on revenues of $684.82 million [7] - The estimate revisions trend for Golden Entertainment is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Gaming industry is currently in the top 22% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8] - Another company in the same industry, GDEV Inc., is expected to report quarterly earnings of$ 0.17 per share, reflecting a year-over-year change of -66% [9]