Monarch Casino Q2 revenue up 6.8%, beats estimates

Monarch Casino & Resort

16/07/2025 21:11

Overview

Monarch Q2 revenue rises 6.8% yr/yr, beating analyst expectations, per LSEG data

Adjusted EBITDA for Q2 beats analyst estimates, per LSEG data, reflecting operational efficiencies

Company repurchased 240,395 shares, totaling $19.8 mln, funded by cash flow

Outlook

Monarch expects continued strong balance sheet and free cash flow.

Monarch evaluates potential M&A opportunities for long-term value.

Result Drivers

CASINO REVENUE - Casino revenue increased 12.1% year-over-year, driving overall revenue growth, per CEO comment

OPERATIONAL EFFICIENCIES - Improved labor management and operational efficiencies led to a 320 basis point increase in operating margin, per CEO comment

HOTEL REVENUE DECLINE - Hotel revenue declined 3.1% due to less convention group business, impacting overall revenue, per company report

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$136.91 mln
$129.80 mln (5 Analysts)
Q2 EPS
$1.44
Q2 Adjusted EBITDA
Beat
$51.29 mln
$44.40 mln (5 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the casinos & gaming peer group is "buy."

Wall Street's median 12-month price target for Monarch Casino & Resort Inc is $84.00, about 2.2% below its July 15 closing price of $85.86

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNXbbcB0b

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)