FLL Stock Forecast & Price Target

Full House Resorts has demonstrated robust financial performance, highlighted by a 13% year-over-year revenue growth at American Place, reaching a record $30.7 million, alongside a 17% increase in EBITDA to $8.9 million. While elevated costs at Chamonix were noted, the new management team is implementing cost-saving initiatives projected to yield over $4 million in annual savings. Overall, the positive momentum at American Place, bolstered by enhanced customer awareness, supports a favorable outlook for the company's financial trajectory.

Full House Resorts Inc reported disappointing financial results, with its second-quarter revenue and EBITDA missing consensus estimates by 5% and 15%, respectively. Additionally, the Midwest & South segment's EBITDA fell short of Street expectations by 2%, while the West segment reported an EBITDA loss of $1.1 million. These underperformances, combined with a strong negative outlook from the quant model, suggest significant challenges for the company's financial health and growth prospects.