Full House Resorts (NASDAQ:FLL) Issues Earnings Results

Full House Resorts (NASDAQ:FLL) issued its quarterly earnings data on Thursday. The company reported ($0.35) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.12), Zacks reports. The company had revenue of $72.96 million for the quarter, compared to the consensus estimate of $73.05 million. Full House Resorts had a negative return on equity of 66.86% and a negative net margin of 14.64%.

Full House Resorts Price Performance

Shares of FLL opened at $4.27 on Friday. The company has a market cap of $152.02 million, a price-to-earnings ratio of -3.62 and a beta of 1.98. Full House Resorts has a 1-year low of $3.77 and a 1-year high of $5.94. The company’s fifty day simple moving average is $4.88 and its 200 day simple moving average is $4.83. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 9.04.

Wall Street Analysts Forecast Growth

Separately, JMP Securities restated a “market outperform” rating and set a $6.00 target price on shares of Full House Resorts in a report on Monday, January 27th.

Insider Buying and Selling

In other news, Director Kathleen M. Caracciolo sold 8,900 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $4.43, for a total value of $39,427.00. Following the completion of the sale, the director now owns 40,997 shares of the company’s stock, valued at approximately $181,616.71. The trade was a 17.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Lewis A. Fanger sold 104,992 shares of the business’s stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $4.62, for a total transaction of $485,063.04. Following the completion of the sale, the chief financial officer now directly owns 254,658 shares of the company’s stock, valued at approximately $1,176,519.96. The trade was a 29.19 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 123,905 shares of company stock worth $574,061. Insiders own 12.70% of the company’s stock.

Full House Resorts Company Profile

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.