Monarch Casino & Resort: Q1 Earnings Insights

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Monarch Casino & Resort MCRI reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:03 PM.

Here's what investors need to know about the announcement.

Earnings

Monarch Casino & Resort missed estimated earnings by 8.16%, reporting an EPS of $0.9 versus an estimate of $0.98.

Revenue was up $8.33 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 1.51% drop in the share price the next day.

Here's a look at Monarch Casino & Resort's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.20 1.21 1.06 0.88
EPS Actual 1.14 1.41 0.99 0.92
Revenue Estimate 121.10M 121.81M 115.51M 106.82M
Revenue Actual 120.54M 133.73M 115.29M 108.32M

To track all earnings releases for Monarch Casino & Resort visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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