The earnings call presented a mixed outlook with strong performance in Nevada locals casinos and positive legislative impacts, but challenges on the Las Vegas Strip and in the tavern business. While the Laughlin market remains stable, the STRAT faces occupancy and revenue pressures.

Company Guidance

During the Golden Entertainment Second Quarter 2025 Earnings Conference Call, the company provided several key metrics and insights into its performance and future outlook. In Q2, the company reported revenue of $163.6 million and EBITDA of $38.4 million. Their Nevada locals' casinos exhibited strong performance, with quarterly EBITDA showing a 7% increase from the prior year, driven by a 9% EBITDA growth in their Las Vegas Locals Casinos, and improved margins up 170 basis points to over 46%. The Casino Resorts segment saw a revenue decline of 3% and a 5% drop in EBITDA, primarily due to a low table game hold in Laughlin. The STRAT faced a challenging environment with a 4% drop in occupancy to 69%, resulting in a 5% decrease in EBITDA, despite cost management efforts. The tavern business experienced a 7% revenue decline year-over-year. Looking ahead, the company anticipates benefits from recent legislation, including tax relief on tips and increased deductions for seniors, which are expected to positively impact their local properties in 2026. The company also expects to gain from the "Big Beautiful Bill," predicting an extra $10 to $15 million in tax shield. Golden Entertainment remains optimistic about future demand stabilization and growth, particularly in their local properties and taverns, as they continue to navigate a dynamic market landscape.

Strong Performance in Nevada Locals Casinos

Nevada locals casinos achieved their highest quarterly EBITDA in the past 2 years, growing EBITDA by over 9% and improving margins by 170 basis points to over 46%.

Tax Legislation Benefits

Recent legislation is expected to provide tax relief on tips, overtime, and additional deductions for seniors, potentially benefiting the company by $10 million to $15 million in tax shield and $2 million to $3 million in cash flow.

Stable Outlook for Laughlin

Laughlin market remains consistent with a positive outlook, supported by frequent smaller events and a strong market position.

Golden Entertainment (GDEN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GDEN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	-0.03 / -	0.18	―	―	―
Aug 07, 2025	2025 (Q2)	0.15 / 0.19	0.025	644.00% (+0.16)
May 08, 2025	2025 (Q1)	0.11 / 0.05	1.37	-96.28% (-1.32)
Feb 27, 2025	2024 (Q4)	0.20 / 0.10	-0.33	130.30% (+0.43)
Nov 07, 2024	2024 (Q3)	0.06 / 0.18	7.83	-97.70% (-7.65)
Aug 08, 2024	2024 (Q2)	0.19 / 0.03	0.4	-93.75% (-0.38)
May 08, 2024	2024 (Q1)	0.12 / 1.37	0.38	260.53% (+0.99)
Feb 29, 2024	2023 (Q4)	0.25 / -0.33	0.35	-194.29% (-0.68)
Nov 02, 2023	2023 (Q3)	0.20 / 7.83	0.45	1640.00% (+7.38)
Jul 31, 2023	2023 (Q2)	0.49 / 0.40	0.67	-40.30% (-0.27)

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
Aug 07, 2025	$26.76	$25.22	-5.75%
May 08, 2025	$25.72	$27.09	+5.33%
Feb 27, 2025	$30.30	$30.55	+0.83%
Nov 07, 2024	$30.01	$31.40	+4.63%

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 Oct 30, 2025, After Close (Confirmed).

What is Golden Entertainment (GDEN) earnings time?

Golden Entertainment (GDEN) earnings time is at Oct 30, 2025, After Close (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 (Q3) is -0.03.

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