Yahoo Finance Full House Resorts Full Year 2023 Earnings: Misses Expectations
Full House Resorts (NASDAQ:FLL) Full Year 2023 Results
Key Financial Results
Revenue: US$241.1m (up 48% from FY 2022).
Net loss: US$24.9m (loss widened by 68% from FY 2022).
US$0.72 loss per share (further deteriorated from US$0.43 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Full House Resorts Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 52%.
The primary driver behind last 12 months revenue was the Midwest & South segment contributing a total revenue of US$192.4m (80% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$92.9m (59% of total expenses). Explore how FLL's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company's shares are down 3.6% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Full House Resorts that you need to take into consideration.
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