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MCRI Monarch Casino & Resort News Story

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Monarch Casino & Resort Inc expected to post earnings of $1.03 a share - Earnings Preview

* Monarch Casino & Resort Inc  MCRI.OQ   MCRI.O  is expected
to show a fall in quarterly revenue when it reports  results on
February 14 for the period ending December 31 2023
    * The Reno Nevada-based  company is expected to report a
1.5% decrease in revenue to $118.672 million from $120.54
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Net Revenues)
    * ​LSEG's mean analyst estimate for Monarch Casino & Resort
Inc is
for earnings of $1.03 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Monarch
Casino &
Resort Inc is $73.50​, above​ its last closing price of $70.52.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.44        1.43       1.23      Missed  -14.2
 Jun. 30 2023  1.14        1.17       1.14      Missed  -2.6
 Mar. 31 2023  0.98        0.99       0.90      Missed  -8.6​
 Dec. 31 2022  1.19        1.20       1.14      Missed  -4.9
 ​​Sep.        1.15        1.22       1.41      Beat    16
 30 2022                                                
 Jun. 30 2022  1.05        1.06       0.99      Missed  -6.4​
 Mar. 31 2022  0.88        0.88       0.92      Beat    4.5
 Dec. 31 2021  0.89        0.91       1.02      Beat    12.5
 This summary was machine generated February 12 at 23:28 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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