NASDAQ$GDEN
Golden Entertainment Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Reported record fourth quarter revenue and Adjusted EBITDA, improved performance across Casinos and Distributed Gaming operations, and completed The Strat rebranding and renovations.
Golden Entertainment reported record fourth quarter revenue of $242.1 million, a 15.2% increase from the previous year, and Adjusted EBITDA of $43.1 million, a 25.1% increase. The company's net loss for the quarter was $7.7 million, or $0.28 per share, compared to a net loss of $25.3 million, or $0.90 per share, in the fourth quarter of 2018. Growth was driven by the acquisition of Laughlin properties and year-over-year growth at other properties and distributed gaming operations.
- Record fourth quarter net revenues and Adjusted EBITDA.
- The Strat rebranding and renovations completed; property positioned for long-term growth.
- Improved performance from all legacy businesses year over year.
- Launched new loyalty program, True Rewards, available in over 140 casino resorts and distributed locations.
Headline financials
Revenue & EPS history
Golden Entertainment · Revenue · Quarterly
$242M
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
In 2020, the company will focus on optimizing business operations and generating cash for the balance sheet, which will allow the company to reduce leverage and provide strategic flexibility as it evaluates future opportunities.
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 Q4 2019
+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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