earnings
confidence high
sentiment neutral
materiality 0.65
Golden Entertainment Q3 revenue $161.2M; declares $0.25 dividend, increases buyback authorization by $100M
NEW ROYAL HOLDCO I INC.
2024-Q3 EPS reported
$1.58
revenue$502,614,000
- Q3 revenue $161.2M, down from $257.7M YoY due to 2023 asset sales; Adj. EBITDA $34.0M vs $53.2M.
- Net income $5.2M ($0.18 diluted EPS) vs $241.2M ($7.83) in Q3 2023 which included $305.8M gain on sales.
- Declares quarterly cash dividend of $0.25 per share, payable Jan 7, 2025 to holders of record Dec 20, 2024.
- Board increased share repurchase authorization by $100M; total availability $131.4M; Q3 repurchased $25.8M in shares.
- Total debt $399M, no revolver borrowings, cash $68.6M as of Sep 30, 2024.