Stock Track | Golden Entertainment Stock Soars on Surprise Earnings Beat

Stock Track11-08

Shares of Golden Entertainment (GDEN) rallied over 5% on Thursday morning, after the casino operator reported better-than-expected earnings for the third quarter ended September 30. The strong earnings results appear to be the primary driver behind the stock's surge.

According to the earnings report, Golden Entertainment posted adjusted earnings per share of $0.18, significantly higher than the Wall Street consensus estimate of $0.07 EPS. The company's revenue of $161.23 million, however, fell slightly short of analysts' expectations of $162.25 million.

Despite the minor revenue miss, investors reacted positively to Golden Entertainment's earnings beat, pushing the stock up 5.07% to $31.45 in early trading. The positive sentiment was likely reinforced by JMP Securities maintaining a "Buy" rating on GDEN with a $35 price target, signaling confidence in the company's prospects.

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The strong ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GDEN","symbol_name":"黄金娱乐","start_time":0,"source_url":"","article_id":"1169452103","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169452103","pubTimestamp":1731080065,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Golden Entertainment  rallied over 5% on Thursday morning, after the casino operator reported better-than-expected earnings for the third quarter ended September 30. 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