Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN) will be reporting results tomorrow after the bell. Here’s what you need to know.

Golden Entertainment missed analysts’ revenue expectations by 2.9% last quarter, reporting revenues of $167.3 million, down 41.6% year on year. It was a softer quarter for the company, with a miss of analysts’ earnings estimates.

Is Golden Entertainment a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Golden Entertainment’s revenue to decline 36.7% year on year to $163 million, a further deceleration from the 7.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.12 per share.

Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 4 downward revisions over the last 30 days (we track 7 analysts). Golden Entertainment has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Golden Entertainment’s peers in the casino operator segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Boyd Gaming delivered year-on-year revenue growth of 6.4%, beating analysts’ expectations by 4.8%, and Monarch reported revenues up 3.7%, topping estimates by 2.9%. Boyd Gaming traded up 7.8% following the results while Monarch was also up 6.4%.

Read our full analysis of Boyd Gaming’s results here and Monarch’s results here.

There has been positive sentiment among investors in the casino operator segment, with share prices up 3.3% on average over the last month. Golden Entertainment’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $36.71 (compared to the current share price of $30.14).

Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.