Monarch Casino & Resort Inc expected to post earnings of 88  cents a share - Earnings Preview

Monarch Casino & Resort

18/04/2022 21:54

* Monarch Casino & Resort Inc  MCRI.OQ   MCRI.O  is expected
to show a rise in quarterly revenue when it reports  results on
April 20. 
    * The Reno Nevada-based  company is expected to report  a
41.5% increase in revenue to $106.074 million from $74.96
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 88 cents per share. For the same quarter
last year, the company reported earnings of 42 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Monarch
Casino &
Resort Inc is $88​, above​ its last closing price of $86.64. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.89        0.91       1.02      Beat    12.5
 Sep. 30 2021  0.98        0.99       1.15      Beat    16.1
 Jun. 30 2021  0.69        0.93       0.93      Met     0.2​
 Mar. 31 2021  0.41        0.40       0.42      Beat    5
 ​​Dec.        0.56        0.54       0.80      Beat    48.5
 31 2020                                                
 Sep. 30 2020  0.18        0.19       0.57      Beat    198.4​
 Jun. 30 2020  -0.74       -0.65      -0.22     Beat    66.1
 Mar. 31 2020  0.31        0.29       0.11      Missed  -62.3
 This summary was machine generated April 18 at 20:54 GMT.  All
figures in US dollars  unless otherwise stated