Monarch Casino & Resort Inc expected to post earnings of 99  cents a share - Earnings Preview

Monarch Casino & Resort

17/04/2023 21:17

* Monarch Casino & Resort Inc  MCRI.OQ   MCRI.O  is expected
to show a rise in quarterly revenue when it reports  results on
April 19. 
    * The Reno Nevada-based  company is expected to report  a
6.6% increase in revenue to $115.449 million from $108.32
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 99 cents 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 had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Monarch
Casino &
Resort Inc is $86​, above​ its last closing price of $75.62. ​​​

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 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​
 Mar. 31 2022  0.88        0.88       0.92      Beat    4.5
 ​​Dec.        0.89        0.91       1.02      Beat    12.5
 31 2021                                                
 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
 This summary was machine generated April 17 at 20:17 GMT.  All
figures in US dollars  unless otherwise stated