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

Monarch Casino & Resort

20/04/2022 22:01

* Monarch Casino & Resort Inc  MCRI.OQ  reported quarterly
adjusted earnings of 92 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for earnings of 88 cents per share.
    * Revenue rose 44.5% to $108.32 million from a year ago; 
analysts
expected $106.82 million. 
    * Monarch Casino & Resort Inc's reported EPS for the quarter
was
92 cents​.
    * The mean earnings estimate of analysts had fallen by
about 29.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Monarch Casino & Resort Inc shares had risen by 4.1% this
quarter and gained 22.8% so far this year.
    * The company reported quarterly net income of $18.12
million.
    * Wall Street's median 12-month price target for Monarch
Casino &
Resort Inc is $92.00 
    * 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 April 20 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated