Key Insights Golden Entertainment's estimated fair value is US$58.39 based on 2 Stage Free Cash Flow to Equity Golden...
LAS VEGAS, March 06, 2023--Golden Entertainment, Inc. (NASDAQ: GDEN) ("Golden" or the "Company") announced today that it entered into definitive agreements to divest its distributed gaming operations in Nevada and Montana ("Distributed Gaming Operations") for aggregate cash consideration of $322.5 million, plus $39 million of estimated purchased cash at closing. Pursuant to the terms of the agreements, J&J Ventures Gaming, LLC ("J&J Gaming") will acquire Golden’s Distributed Gaming Operations in
Golden Entertainment (GDEN) delivered earnings and revenue surprises of -41.67% and 0.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?