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Golden Entertainment's Financial Performance and Market Resilience
Financial Modeling Prepยท 2025-11-06 23:00
Core Insights - Golden Entertainment, trading as GDEN on NASDAQ, is a significant player in the gaming industry, primarily operating casinos and distributed gaming in Nevada and Montana [1] - Wells Fargo has set a price target of $30 for GDEN, suggesting a potential upside of approximately 2.7% from its current trading price of $29.21 [1][5] Financial Performance - Golden Entertainment reported a quarterly loss of $0.18 per share, which is a significant miss compared to the Zacks Consensus Estimate of a $0.08 loss per share, reflecting a negative earnings surprise of 125% [2] - The company's earnings per share have declined from $0.18 in the same quarter last year, indicating a deterioration in financial performance [2] - Revenue for the quarter ending September 2025 was $154.82 million, falling short of the Zacks Consensus Estimate by 0.98% and down from $161.23 million in the same period last year, marking a consistent trend of missing revenue estimates over the past four quarters [3] Stock Performance - Despite the financial challenges, GDEN's stock has shown resilience, currently priced at $28.63, which is an increase of $7.40 or 34.86% from previous levels [4] - The stock has fluctuated between a low of $28.58 and a high of $29.95, with a market capitalization of approximately $748.9 million and a trading volume of 2,122,232 shares [4]