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Golden Entertainment (GDEN)
NASDAQ:GDEN
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.03Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 7.79%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance with strong operational efficiencies and a robust liquidity position, but challenges remain, particularly with declining occupancy at The Strat and increased tavern competition. The company is focusing on share repurchases due to limited M&A opportunities.Company Guidance
In the Golden Entertainment, Inc. First Quarter 2025 Earnings Conference Call, the company provided guidance indicating stable operating trends and a promising start for the second quarter, despite not hosting last year's Super Bowl, which impacted The Strat's EBITDA by $3 million. The Strat's occupancy was down 5% for the quarter, with a significant 13% drop in February. However, The Strat's hotel revenue has improved in April with higher occupancy and rates, and May's occupancy is pacing 6% higher year-over-year. Nevada locals' casinos maintained a 46% EBITDA margin for two consecutive quarters, with revenue flat but EBITDA up by 2% due to operational efficiencies. The company ended Q1 with over $400 million in debt, $50 million in cash, and $225 million available under its revolving credit facility, maintaining a low net leverage of 2.4 times EBITDA. Despite some challenges in the tavern market due to increased competition, EBITDA from the taverns improved sequentially over Q4. The company repurchased 274,000 shares worth $7.6 million during Q1 and has $92 million remaining on its buyback authorization. The management emphasized prioritizing share repurchases over M&A due to current market conditions and continues to focus on strengthening the core business and leveraging favorable economic trends in Nevada.Strong Start to Q2 for The Strat
Hotel revenue at The Strat is up in April with higher occupancy and rates, leading to improved EBITDA. Occupancy is pacing up 6% over last year for May, with June also showing strength.
Operational Efficiencies Boost Nevada Locals' Casinos
Revenue for Nevada locals' casinos was flat year-over-year, but EBITDA was up 2%, driven by operational efficiencies, with EBITDA margins at 46% for the second straight quarter.
Successful Share Repurchases
Since 2024, the company repurchased 3.2 million shares totaling almost $100 million and paid out $35 million in dividends. $92 million remains on the current buyback authorization.
Low Net Leverage and Strong Liquidity Position
The company ended the quarter with just over $400 million of debt, $50 million in cash, and $225 million available under the revolving credit facility, with a low net leverage at 2.4 times EBITDA.
GDEN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GDEN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $25.94 | $27.32 | +5.32% |
Feb 27, 2025 | $30.56 | $30.81 | +0.82% |
Nov 07, 2024 | $30.26 | $31.66 | +4.63% |
Aug 08, 2024 | $27.43 | $27.97 | +1.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Golden Entertainment (GDEN) report earnings?
Golden Entertainment (GDEN) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Golden Entertainment (GDEN) earnings time?
Golden Entertainment (GDEN) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GDEN EPS forecast?
GDEN EPS forecast for the fiscal quarter 2025 (Q2) is 0.19.