Monarch Casino & Resort Inc expected to post earnings of 91  cents a share - Earnings Preview

Monarch Casino & Resort

08/02/2022 01:30

* Monarch Casino & Resort Inc  MCRI.OQ   MCRI.O  is expected
to show a rise in quarterly revenue when it reports  results on
February 9. 
    * The Reno Nevada-based  company is expected to report  a
68.5% increase in revenue to $98.346 million from $58.38 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 91 cents per share. For the same quarter
last year, the company reported earnings of 80 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Monarch
Casino &
Resort Inc is $83.5​, about 20.9% above​ its last closing price
of $66.04. ​​​
    * 

This summary was machine generated February 8 at 01:29 GMT.  All
figures in US dollars  unless otherwise stated