Golden Entertainment (GDEN) Q2 EPS Jumps
Golden Entertainment (NASDAQ:GDEN), an operator of casinos, hotel rooms, and taverns concentrated in Nevada, released its second quarter 2025 results on August 7, 2025. The main news from the earnings release was a beat on GAAP earnings per share (EPS), even as GAAP revenue trailed analyst forecasts and declined from the prior year. GAAP EPS came in at $0.17, compared to the consensus estimate of $0.15. GAAP revenue totaled $163.6 million, falling short of the expected $166.49 million. GAAP revenue was $163.6 million for the second quarter of 2025, compared to $167.3 million in the prior year, a 2.2% decrease. Overall, the period illustrated the company's disciplined cost structure and continued capital return strategy, though it also underscored ongoing revenue headwinds and a challenging competitive environment in some segments.
Source: Analyst estimates for the quarter provided by FactSet.
Golden Entertainment operates a network of eight casinos, 72 taverns, and a growing portfolio of hotel rooms and gaming positions. Its operations are concentrated in Nevada, after divesting non-core properties and out-of-state assets. This positions the company as a mid-size regional gaming and hospitality firm, with its main assets located on or near major Nevada leisure corridors.
Source Fool.com
