Golden Entertainment Shares Slide Following Unexpected Q3 Loss Forecast

Shares of Golden Entertainment came under significant selling pressure after the company revised its third-quarter 2025 guidance, projecting a loss of $0.03 per share. This negative development follows a trading session where the stock closed down 0.49% at $24.15.

This updated forecast represents a dramatic shift from the company’s recent performance. Golden Entertainment had handily surpassed analyst expectations just one quarter prior, reporting a profit of $0.17 per share for Q2 2025. The anticipated Q3 loss points to substantial operational headwinds that are impacting near-term profitability.

While some market strategists maintain a “Moderate Buy” rating on the equity, they have concurrently issued warnings regarding weak earnings momentum. A series of recent downward revisions to profit estimates have prompted a more cautious overall assessment Read more...