Full House Resorts Q2 Earnings Tops Estimate

  • Full House Resorts Inc FLL reported second-quarter FY21 revenue growth of 226.9% year-on-year, to $47.44 million, beating the analyst consensus of $45.59 million.
  • Casino revenues rose 216.3% Y/Y, Food & Beverage increased 273.1%, and Hotel sales grew 249.1%.
  • Revenues at Silver Slipper Casino and Hotel rose 165.7% Y/Y to $24.2 million, Rising Star Casino Resort increased 381.8%, and Bronco Billy's Casino grew 300%.
  • Selling, general and administrative expenses increased 42.9% Y/Y to $14 million.
  • The operating margin was 25.7%, and operating income for the quarter was $12.2 million.
  • The company held $281.5 million in cash and equivalents as of June 30, 2021.
  • Adjusted EBITDA was $14.9 Million, versus $(1.4) million last year.
  • EPS of $0.15 beat the analyst consensus of $0.07.
  • "As with last quarter, our financial results continue to benefit from structural changes throughout the company," said CEO Daniel R. Lee.
  • Price Action: FLL shares closed lower by 3.22% at $8.12 on Tuesday.
Loading...
Loading...
FLL Logo
FLLFull House Resorts Inc
$3.315.08%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
14.05
Growth
4.89
Quality
Not Available
Value
9.12
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Comments
Loading...