Monarch Casino & Resort Inc expected to post earnings of $1.44 a share - Earnings Preview

Monarch Casino & Resort

13/10/2023 12:31

* Monarch Casino & Resort Inc  MCRI.OQ   MCRI.O  is expected
to show a rise in quarterly revenue when it reports  results 
    * The Reno Nevada-based  company is expected to report  a
0.8% increase in revenue to $134.805 million from $133.73
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Monarch Casino &
Resort
Inc is for earnings of $1.44 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $84​, above​ its last closing price of $62.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.15        1.22       1.41      Beat    16
 ​​Jun.        1.05        1.06       0.99      Missed  -6.4
 30 2022                                                
 Mar. 31 2022  0.88        0.88       0.92      Beat    4.5​
 Dec. 31 2021  0.89        0.91       1.02      Beat    12.5
 Sep. 30 2021  0.98        0.99       1.15      Beat    16.1
 This summary was machine generated October 13 at 11:31 GMT.  All
figures in US dollars  unless otherwise stated