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MCRI Monarch Casino & Resort News Story

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

* Monarch Casino & Resort Inc  MCRI.OQ  reported quarterly
adjusted earnings of 93 cents​​ per share for the quarter ended
in June. The mean expectation of four analysts for the quarter
was for earnings of 93 cents per share.
* Revenue rose 544.8% to $97.72 million from a year ago; 
analysts expected $83.03 million. 
* Monarch Casino & Resort Inc's reported EPS for the quarter was
93 cents​.
* The mean earnings estimate of analysts had risen by about 17%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Monarch Casino & Resort Inc shares had fallen by 6.9% this
quarter and gained 0.6% so far this year.
* The company reported quarterly net income of $18.15 million.
* Wall Street's median 12-month price target for Monarch Casino
& Resort Inc is $80.00 
* 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 July 28 at 09:46 p.m.  ​All
figures in US dollars unless otherwise stated

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