NASDAQ$FLL
Full House Resorts Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Full House Resorts announced second quarter results with revenues increasing by 33.8% to $59.4 million.
Full House Resorts reported a 33.8% increase in revenue to $59.4 million for the second quarter of 2023. The Temporary by American Place completed its first full quarter of operations, contributing $20.3 million in revenue and $4.1 million in Adjusted Property EBITDA. The company's net loss was $5.6 million, or $(0.16) per diluted common share.
- Revenues increased 33.8% to $59.4 million.
- The Temporary by American Place completed its first full quarter of operations, recording $20.3 million in revenue and $4.1 million in Adjusted Property EBITDA.
- Opening of Chamonix Casino Hotel in Colorado is slated for December 26, 2023.
- Illinois Sportsbook is expected to commence operations shortly.
Headline financials
Revenue & EPS history
Full House Resorts · Revenue · Quarterly
$59.4M
Revenue by segment
Full House Resorts · $59.4M total across 3 segments · Q2 2023
- Midwest & South$49.9M—84.1%
- West$8.09M—13.6%
- Contracted Sports Wagering$1.38M-36.3%2.3%
Forward guidance
Forward-looking statements relate to future events and are subject to risks, uncertainties, and changes in circumstances that are difficult to predict and outside of our control. Actual results may differ materially from those indicated in the forward-looking statements.
Tailwinds
- Expected construction budgets
- Estimated commencement and completion dates
- Expected amenities
- Expected operational performance for Chamonix and American Place, including The Temporary
- Expectations regarding the success and commencement dates of any new sports wagering contracts or operations in Colorado, Indiana or Illinois
Headwinds
- Our ability to repay our substantial indebtedness
- Inflation and its potential impacts on labor costs and the price of food, construction, and other materials
- The effects of potential disruptions in the supply chains for goods, such as food, lumber, and other materials
- General macroeconomic conditions
- Our ability to effectively manage and control expenses
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 Q2 2023
+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% | — | — |
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