NASDAQ$FLL
Full House Resorts Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Full House Resorts announced strong first quarter results with revenue increase and improved profitability.
Full House Resorts reported a 36.8% increase in revenue to $42.2 million compared to the prior-year period. The net loss improved to $3.4 million, and Adjusted EBITDA increased to $10.8 million from a loss of $1.2 million in the first quarter of 2020.
- Revenues increased 36.8% over the prior-year quarter.
- Operating income improved to $8.7 million from an operating loss of $3.4 million.
- Net loss improved to $3.4 million from a net loss of $4.4 million.
- Adjusted EBITDA increased to $10.8 million from an Adjusted EBITDA loss of $1.2 million.
Headline financials
Revenue & EPS history
Full House Resorts · Revenue · Quarterly
$42.2M
Revenue by segment
Full House Resorts · $71.5M total across 3 segments · Q3 2023
- Midwest & South$52.6M—73.5%
- West$11.1M—15.5%
- Contracted Sports Wagering$7.91M+619.9%11.0%
Forward guidance
Full House Resorts is focused on strategic growth and operational improvements. Key initiatives include the construction of Chamonix Casino Hotel, potential expansion of the Silver Slipper, and pursuing the American Place proposal.
Tailwinds
- Construction of Chamonix Casino Hotel is underway and expected to open in the fourth quarter of 2022.
- Two more sports wagering providers launched operations in April 2021.
- Strengthened balance sheet through the issuance of new senior secured notes and an equity offering.
- Fully funded the Chamonix Casino Hotel growth project.
- Focus on marketing and labor improvements at Silver Slipper Casino and Hotel.
Headwinds
- The COVID-19 pandemic had an adverse effect on the Nevada segment.
- The pandemic affected visitation to the Hyatt, including visitation for its meeting and convention business.
- The Navy has restricted much of its personnel from leaving the base.
- Construction risks, disputes and cost overruns.
- Competition and regulatory and business conditions in the gaming industry.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.8%
Avg return
Earnings day
+3.1%
Avg return
5 days after
+4.4%
Avg return
30 days after
55%
35 / 64 earnings
Positive
+40.4%
Q2 2020
Best reaction
-37.2%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.8% | +12.3% | -2.8% | |
| Q4 2026 | +17.6% | +25.1% | +12.3% | |
| Q3 2026 | +10.2% | +12.6% | +16.3% | |
| Q1 2025 | -5.5% | +9.7% | -4.5% | |
| Q4 2024 | +2.9% | +1.9% | -19.8% | |
| Q3 2024 | -4.1% | -2.0% | -11.9% | |
| Q2 2024 | -0.2% | +1.6% | +0.8% | |
| Q1 2024 | +6.0% | +2.6% | +0.0% | |
| Q4 2023 | +0.4% | -2.3% | +3.3% | |
| Q3 2023 | +21.8% | +19.7% | +32.3% | |
| Q2 2023 | -17.2% | -15.6% | -25.4% | |
| Q1 2023 | +7.2% | +3.3% | +12.8% | |
| Q4 2022 | -9.4% | -19.6% | -30.2% | |
| Q3 2022 | -5.5% | +5.4% | +10.5% | |
| Q2 2022 | +3.9% | +9.6% | +11.1% | |
| Q1 2022 | -21.3% | -13.7% | -9.0% | |
| Q4 2021 | +22.3% | +14.1% | +19.6% | |
| Q3 2021 | +2.8% | +3.1% | +10.0% | |
| Q2 2021 | +5.2% | +1.9% | +1.2% | |
| Q1 2021 | -0.2% | -9.2% | +4.6% | |
| Q4 2020 | +16.9% | +20.7% | +27.5% | |
| Q3 2020 | +21.9% | +39.6% | +39.3% | |
| Q2 2020 | +40.4% | +34.8% | +53.9% | |
| Q1 2020 | -2.7% | +14.7% | +15.3% | |
| Q4 2019 | -37.2% | -59.8% | -32.8% | |
| Q3 2019 | +13.7% | +21.5% | +42.3% | |
| Q2 2019 | +3.4% | +7.5% | +8.6% | |
| Q1 2019 | -12.1% | -16.7% | -22.3% | |
| Q4 2018 | +0.9% | +3.3% | -4.3% | |
| Q3 2018 | -1.4% | -7.6% | -25.7% | |
| Q2 2018 | +1.2% | -0.7% | +1.3% | |
| Q1 2018 | -1.2% | -2.0% | -1.7% | |
| Q4 2017 | +0.3% | +0.6% | +3.5% | |
| Q3 2017 | +0.3% | +9.4% | +21.6% | |
| Q2 2017 | +2.0% | -0.8% | +0.0% | |
| Q1 2017 | +0.4% | +0.9% | +1.3% | |
| Q4 2016 | +0.0% | -2.6% | +5.7% | |
| Q3 2016 | +2.4% | +0.0% | +13.9% | |
| Q2 2016 | -0.2% | -4.1% | -7.7% | |
| Q1 2016 | +6.2% | — | — | |
| Q4 2015 | +5.6% | — | — | |
| Q3 2015 | +8.4% | — | — | |
| Q2 2015 | +0.0% | — | — | |
| Q1 2015 | +4.4% | — | — | |
| Q4 2014 | -5.9% | — | — | |
| Q3 2014 | +2.4% | — | — | |
| Q2 2014 | -22.2% | — | — | |
| Q1 2014 | -18.8% | — | — | |
| Q4 2013 | +1.2% | — | — | |
| Q3 2013 | +1.1% | — | — | |
| Q2 2013 | -3.5% | — | — | |
| Q1 2013 | +4.6% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | -3.1% | — | — | |
| Q2 2012 | -5.1% | — | — | |
| Q1 2012 | -0.3% | — | — | |
| Q4 2011 | -3.8% | — | — | |
| Q3 2011 | -4.2% | — | — | |
| Q2 2011 | -3.0% | — | — | |
| Q1 2011 | -0.2% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q3 2010 | +1.7% | — | — | |
| Q2 2010 | -3.7% | — | — | |
| Q1 2010 | +2.3% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro