Monarch Casino & Resort Inc reports results for the quarter ended in December - Earnings Summary

Monarch Casino & Resort

09/02/2022 22:02

* Monarch Casino & Resort Inc  MCRI.OQ  reported quarterly
adjusted earnings of $1.02​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 91 cents per share.
    * Revenue rose 90.3% to $111.07 million from a year ago; 
analysts
expected $98.35 million. 
    * Monarch Casino & Resort Inc's reported EPS for the quarter
was
$1.02​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Monarch Casino & Resort Inc shares had fallen by 5.4% this
quarter.
    * The company reported quarterly net income of $19.87
million.
    * Wall Street's median 12-month price target for Monarch
Casino &
Resort Inc is $83.50 
    * 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." 

This summary was machine generated February 9 at 10:02 p.m.
 ​All figures in US dollars unless otherwise stated