Monarch Casino & Resort Inc expected to post earnings of $1.11 a share - Earnings Preview
22/07/2024 22:06
* Monarch Casino & Resort Inc MCRI.OQ MCRI.O is expected
to show a rise in quarterly revenue when it reports results on
July 24 for the period ending June 30 2024
* The Reno Nevada-based company is expected to report a
2.1% increase in revenue to $126.307 million from $123.68
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 $1.11 per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 $73.00, above its last closing price of $68.76.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.95 0.96 0.93 Missed -3.4
Dec. 31 2024 1.03 1.03 0.93 Missed -10
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. 0.98 0.99 0.90 Missed -8.6
31 2023
Dec. 31 2022 1.19 1.20 1.14 Missed -4.9
Sep. 30 2022 1.15 1.22 1.41 Beat 16
Jun. 30 2022 1.05 1.06 0.99 Missed -6.4
This summary was machine generated July 22 at 21:06 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)