NASDAQ$GDEN
Golden Entertainment Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported a decrease in revenue and net income compared to the same quarter last year.
Golden Entertainment reported a decrease in revenue and net income for the third quarter of 2022. The company's revenue was $279.0 million, a 1% decrease compared to the third quarter of 2021. Net income was $14.0 million, a significant decrease compared to $29.1 million in the same period last year. The company is selling Rocky Gap Casino Resort for $260 million.
- Third quarter revenue was $279.0 million.
- Net income for the third quarter was $14.0 million.
- Adjusted EBITDA was $61.1 million.
- The company entered into agreements to sell Rocky Gap Casino Resort for $260.0 million.
Headline financials
Revenue & EPS history
Golden Entertainment · Revenue · Quarterly
$279M
Revenue by segment
Golden Entertainment · $62.7M total across 3 segments · Q1 2021
- Food and Beverage$33.8M—53.9%
- Rooms$18.4M—29.3%
- Other$10.5M—16.7%
Forward guidance
Company is focused on core operations, maintaining balance sheet strength and returning capital to shareholders.
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 Q3 2022
+0.9%
Avg return
Earnings day
+1.3%
Avg return
5 days after
+5.1%
Avg return
30 days after
56%
35 / 62 earnings
Positive
+20.6%
Q3 2012
Best reaction
-23.9%
Q4 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.5% | -0.1% | -10.0% | |
| Q3 2025 | +2.5% | +4.2% | -1.9% | |
| Q2 2025 | -5.8% | -3.8% | -7.3% | |
| Q1 2025 | +5.3% | +14.8% | +4.4% | |
| Q4 2024 | +0.8% | -2.5% | -14.0% | |
| Q3 2024 | +4.6% | +9.9% | +8.7% | |
| Q2 2024 | +3.6% | +7.3% | +15.8% | |
| Q1 2024 | +5.3% | +2.3% | -3.2% | |
| Q4 2023 | -6.4% | -11.6% | +0.6% | |
| Q3 2023 | +20.5% | +22.0% | +19.8% | |
| Q2 2023 | -1.3% | -2.0% | -16.2% | |
| Q1 2023 | -5.9% | -4.4% | +15.3% | |
| Q4 2022 | -0.7% | +5.3% | +5.8% | |
| Q3 2022 | -3.2% | -0.7% | +1.3% | |
| Q2 2022 | -10.1% | -9.2% | -19.1% | |
| Q1 2022 | -3.8% | -8.6% | +1.6% | |
| Q4 2021 | -11.4% | -12.1% | +0.5% | |
| Q3 2021 | -3.1% | -0.6% | -13.9% | |
| Q2 2021 | +15.8% | +10.9% | +6.2% | |
| Q1 2021 | +15.6% | +18.6% | +26.4% | |
| Q4 2020 | +13.7% | +17.8% | +13.0% | |
| Q3 2020 | +3.3% | +1.5% | +15.7% | |
| Q2 2020 | +11.6% | +16.6% | +37.7% | |
| Q1 2020 | +19.8% | +8.9% | +89.1% | |
| Q4 2019 | -9.7% | -41.4% | -28.1% | |
| Q3 2019 | +4.8% | +8.7% | +18.5% | |
| Q2 2019 | -2.1% | +4.3% | +2.8% | |
| Q1 2019 | +2.2% | -2.5% | -5.2% | |
| Q4 2018 | -23.9% | -12.8% | -4.4% | |
| Q3 2018 | -16.5% | -17.2% | +1.3% | |
| Q2 2018 | -10.1% | -9.2% | -15.3% | |
| Q1 2018 | +5.1% | +4.5% | +9.4% | |
| Q4 2017 | -1.0% | -11.1% | -19.5% | |
| Q3 2017 | +10.9% | +10.8% | +19.1% | |
| Q2 2017 | +1.6% | +2.0% | +11.7% | |
| Q1 2017 | +7.8% | +18.9% | +13.7% | |
| Q4 2016 | +12.3% | +18.6% | +13.7% | |
| Q3 2016 | -7.6% | -9.7% | +8.0% | |
| Q2 2016 | +2.0% | +0.4% | -2.5% | |
| Q1 2016 | +0.0% | — | — | |
| Q4 2015 | +0.7% | — | — | |
| Q3 2015 | -1.0% | — | — | |
| Q2 2015 | +0.5% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | +0.2% | — | — | |
| Q1 2014 | +1.2% | — | — | |
| Q4 2013 | -3.2% | — | — | |
| Q3 2013 | +1.7% | — | — | |
| Q2 2013 | -4.4% | — | — | |
| Q1 2013 | -4.1% | — | — | |
| Q4 2012 | -2.0% | — | — | |
| Q3 2012 | +20.6% | — | — | |
| Q2 2012 | -2.6% | — | — | |
| Q1 2012 | -1.6% | — | — | |
| Q3 2011 | +2.9% | — | — | |
| Q2 2011 | +2.8% | — | — | |
| Q4 2011 | +2.8% | — | — | |
| Q1 2011 | +5.7% | — | — | |
| Q1 2010 | -6.9% | — | — | |
| Q4 2009 | -8.7% | — | — |
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