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

Monarch Casino & Resort

24/10/2022 13:00

* Monarch Casino & Resort Inc  MCRI.OQ  reported quarterly
adjusted earnings of $1.41​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.22 per share.
    * Revenue rose 19.8% to $133.73 million from a year ago;
analysts
expected $121.81 million. 
    * Monarch Casino & Resort Inc's reported EPS for the quarter
was
$1.41​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
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 31.9% this
quarter and gained 0.1% so far this year.
    * The company reported quarterly net income of $27.49
million.
    * Wall Street's median 12-month price target for Monarch
Casino &
Resort Inc is $78.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
24 at 12:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.22           1.41           Beat
 Jun. 30 2022      1.06           0.99           Missed
 Mar. 31 2022      0.88           0.92           Beat
 Dec. 31 2021      0.91           1.02           Beat