Full House Resorts (NASDAQ:FLL) is gearing up to announce its quarterly earnings on March 5, 2024. Analysts are projecting an EPS of $-0.14 for the company, and investors are hopeful for a positive outlook for the next quarter, as guidance tends to have a greater impact on stock prices than earnings surprises.
In the previous quarter, Full House Resorts exceeded expectations by $0.21, resulting in an impressive 18.67% increase in share price the following day. Here is a look back at the company’s historical earnings performance and the corresponding price fluctuations:
– Q3 2023: EPS Estimate -0.08, EPS Actual 0.13, Price Change 19.0%
– Q2 2023: EPS Estimate 0.05, EPS Actual -0.16, Price Change -17.0%
– Q1 2023: EPS Estimate -0.14, EPS Actual -0.33, Price Change 9.0%
– Q4 2022: EPS Estimate -0.11, EPS Actual -0.07, Price Change -11.0%
With Full House Resorts’ shares trading at $5.35 as of March 1, reflecting a 47.63% decline over the past year, long-term investors may be feeling cautious leading up to this earnings announcement.
Stay updated on Full House Resorts’ earnings by checking out their calendar on various platforms.
FLL Stock Declines by 4.11% on March 4, 2024: What Investors Need to Know
On March 4, 2024, FLL stock experienced a decline in its performance, with the price dropping by 4.11% or $0.22 since the market last closed. The stock opened at $5.46, which was $0.11 higher than its previous close. This downward trend is reflected in the fact that FLL is currently trading near the bottom of its 52-week range and below its 200-day simple moving average.
Investors may be concerned about the recent price momentum of FLL, as the stock continues to show signs of weakness. The decline in share price could be attributed to a variety of factors, such as market conditions, company performance, or industry trends.
It is important for investors to closely monitor the performance of FLL and consider the reasons behind the recent price drop. They may want to analyze the company’s financial health, competitive positioning, and growth prospects to determine whether the current stock price presents a buying opportunity or if it is a sign to stay cautious.
FLL Stock Performance Analysis: Revenue and Net Income Show Mixed Results
On March 4, 2024, FLL stock showed mixed performances based on the financial data provided by CNN Money. The total revenue for the company was $163.28 million over the past year, which was a decrease of 9.37% compared to the previous year. However, the total revenue for the last quarter was $71.54 million, showing an increase of 20.48% since the previous quarter.
The net income for FLL was -$14.80 million over the past year, indicating a significant decrease of 226.47% compared to the previous year. However, the net income for the last quarter was $4.59 million, showing a substantial increase of 182.02% since the previous quarter.
Earnings per share (EPS) for FLL were -$0.43 over the past year, which was a decrease of 228.63% compared to the previous year. However, the EPS for the last quarter was $0.13, showing an increase of 177.14% since the previous quarter.
