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

Monarch Casino & Resort

29/04/2021 24:52

* Monarch Casino & Resort Inc  MCRI.OQ  reported quarterly
adjusted earnings of 42 cents​​ per share for the quarter ended
in March. The mean expectation of five analysts for the quarter
was for earnings of 40 cents per share.
* Revenue rose 46.9% to $74.96 million from a year ago​; 
analysts expected $65.97 million.
* Monarch Casino & Resort Inc's reported EPS for the quarter was
42 cents​.
* The mean earnings estimate of analysts had fallen by
about 31.3% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Monarch Casino & Resort Inc shares had risen by 12.8% this
quarter and gained 11.7% so far this year.
* The company reported quarterly net income of $8.15 million.
* Wall Street's median 12-month price target for Monarch Casino
& Resort Inc is $74.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 28 at 11:52 p.m. GMT.
​All figures in US Dollars.​