Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN) will be announcing earnings results tomorrow after market hours. Here's what investors should know.

Golden Entertainment missed analysts' revenue expectations by 1.4% last quarter, reporting revenues of $230.7 million, down 17.5% year on year. It was a weak 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 39.3% year on year to $168.7 million, a reversal from the 1.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.21 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. 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 Q1 results, giving us a hint as to what we can expect. Caesars Entertainment's revenues decreased 3.1% year on year, missing analysts' expectations by 3.1%, and Monarch reported revenues up 4.3%, in line with consensus estimates. Caesars Entertainment traded up 1.4% following the results while Monarch was down 3.9%.

Read our full analysis of Caesars Entertainment's results here and Monarch's results here.

Investors in the casino operator segment have had fairly steady hands going into earnings, with share prices down 1.9% on average over the last month. Golden Entertainment is down 11.4% during the same time and is heading into earnings with an average analyst price target of $44.4 (compared to the current share price of $31.33).

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