Full House Resorts (NASDAQ:FLL) Posts Earnings Results, Misses Estimates By $0.12 EPS

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

Full House Resorts Stock Down 3.1 %

FLL stock traded down $0.13 during midday trading on Monday, hitting $4.14. The stock had a trading volume of 40,818 shares, compared to its average volume of 170,609. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83. The firm has a market cap of $147.32 million, a price-to-earnings ratio of -3.50 and a beta of 1.98. The business has a 50-day moving average of $4.88 and a two-hundred day moving average of $4.83. Full House Resorts has a 52-week low of $3.77 and a 52-week high of $5.94.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Citigroup restated an "outperform" rating on shares of Full House Resorts in a report on Friday. JMP Securities reissued a "market outperform" rating and set a $6.00 price objective on shares of Full House Resorts in a report on Monday, January 27th. Finally, UBS Group set a $5.00 price objective on shares of Full House Resorts in a research report on Friday.

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Insider Transactions at Full House Resorts

In other Full House Resorts news, CFO Lewis A. Fanger sold 104,992 shares of Full House Resorts stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $4.62, for a total value of $485,063.04. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kathleen M. Caracciolo sold 8,900 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $4.43, for a total transaction of $39,427.00. Following the sale, the director now directly owns 40,997 shares of the company's stock, valued at $181,616.71. This trade represents a 17.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 122,705 shares of company stock valued at $568,565 in the last three months. 12.70% of the stock is currently owned by company insiders.

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.