Golden Entertainment (GDEN) Lags Q1 Earnings and Revenue Estimates

Core Viewpoint - Golden Entertainment reported quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.10 per share, but showing improvement from a loss of $0.37 per share a year ago [1][2] Financial Performance - The company posted revenues of $160.84 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.91% and down from $174.05 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates only once [2] Stock Performance - Golden Entertainment shares have declined approximately 18.2% since the beginning of the year, compared to a decline of 4.3% for the S&P 500 [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.21 on revenues of $170.28 million, and for the current fiscal year, it is $0.58 on revenues of $666.38 million [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable [6] Industry Context - The Gaming industry, to which Golden Entertainment belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Another company in the same industry, Snail, Inc. (SNAL), is expected to report a quarterly loss of $0.11 per share, indicating a year-over-year change of -120% [9]