Full House Resorts, is expected to release its earnings for Q2 2023 soon, and analysts are already setting their expectations.

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FLL Stock Fair Value – Analysts are expecting Full House Resorts ($NASDAQ:FLL), Inc. to release strong earnings for Q2 2023. The company has been performing well lately, and analysts believe that this trend will continue.

The company has been performing well lately, thanks to strong growth in the gaming and hospitality industries. Analysts believe that this trend will continue in the future, which is why they are expecting strong earnings from the company in Q2 2023.

Earnings

The company’s latest earning report for FY2022 Q3 showed total revenue of 170.5M USD and a net loss of 2.8M USD. Compared to the same period last year, this represents a 5.4% decrease in total revenue and a 123.9% decrease in net income. However, the company has been losing money during this time period, and it is unclear how long this trend will continue.

Price History

On Thursday, FULL HOUSE RESORTS stock opened at $6.8 and closed at $7.0,rise by 9.1% from previous closing price of 6.4. FULL HOUSE RESORTS, Inc. owns, develops, manages and operates gaming-related properties, including casinos, hotels, restaurants and entertainment venues. The company’s properties are located in Mississippi, Nevada, Colorado, Indiana and Pennsylvania.

VI Analysis – FLL Stock Fair Value Calculator

FULL HOUSE RESORTS is a company with strong long-term potential, as reflected in its fundamentals. The company’s fair value is around $6.4, as calculated by the VI Line. However, the stock is currently trading at $7.0, which is a fair price that is overvalued by 9%.

VI Peers

Full House Resorts Inc is in competition with Century Casinos Inc, Bloomberry Resorts Corp, Ballys Corp. These companies are all vying for a share of the gambling market. Full House Resorts Inc is a publicly traded company that owns, develops, and manages gaming properties across the United States. The company’s portfolio includes seven casinos, two horse racing tracks, and a hotel. Full House Resorts Inc is committed to providing an exceptional gaming experience for its guests. The company’s goal is to become the premier gambling destination in the United States.

– Century Casinos Inc ($NASDAQ:CNTY)

Century Casinos, Inc. operates as a gaming company in the United States, Canada, Poland, and South Africa. It operates through three segments: Casinos, Horse Racing, and Corporate. The Casinos segment owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado; Century Casino & Hotel in Edmonton, Alberta, Canada; Century Casino Bath in the United Kingdom; Century Pueblo Magico Hotel and Casino in Monterrey, Mexico; and Mountaineer Casino, Racetrack & Resort in Chester, West Virginia. The Horse Racing segment owns and operates live horse racing and pari-mutuel wagering properties in Alberta and West Virginia. The Corporate segment provides management services to casinos in North America and Europe. As of December 31, 2020, the company owned and operated 10 casinos comprising approximately 2,200 gaming machines, 80 table games, and 1,100 hotel rooms. It also owned and operated live horse racing and pari-mutuel wagering operations at 3 racetracks in 2 states; and owned and operated off-track betting network in Alberta.

– Bloomberry Resorts Corp ($PSE:BLOOM)

As of 2022, Burberry Resorts Corp has a market cap of 72.15B and a Return on Equity of 11.83%. The company operates in the leisure and hospitality industry, with a focus on luxury resorts. Burberry has a strong presence in Europe, the Middle East, and Asia Pacific, and is known for its high-end hotels and resorts. The company has been expanding its footprint in recent years, and its market cap reflects this growth. Burberry is a well-established company with a strong brand, and its market cap and ROE reflect this.

– Ballys Corp ($NYSE:BALY)

Bally’s Corporation, formerly known as Twin River Worldwide Holdings, Inc., is a gaming and entertainment company that owns and operates casinos, horse racing venues, and entertainment venues in the United States. The company has a market cap of $962.8 million and a return on equity of 3.13%. The company’s casinos include Bally’s Las Vegas, Harrah’s Cherokee Casino Resort, and Tropicana Atlantic City. The company also owns and operates horse racing venues in Kentucky and Rhode Island. In addition to its gaming and entertainment operations, Bally’s also owns and operates a number of food and beverage outlets, retail stores, and hotels.

Summary

If you’re looking for a gaming stock that could be a solid investment in the long run, you may want to consider Full House Resorts. The company is expected to release its earnings for Q2 2023 soon, and analysts are already setting their expectations. The company’s stock price has been on the rise lately, and with good reason.

In addition, the company has been working on improving its balance sheet. All of these factors make Full House Resorts a gaming stock that is worth watching. If the company’s earnings meet or exceed expectations, the stock could continue to rise.