Monarch Casino & Resort Stock (NASDAQ: MCRI)

Latest news for Monarch Casino & Resort (NASDAQ:MCRI) Stock

Monarch Casino & Resort

Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.

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MCRI

VSCO

Victoria&#39;s Secret &amp; Co. (NYSE: VSCO) posted decent second-quarter fiscal 2024 results, with the top and the bottom line surpassing the Zacks Consensus Estimate. Earnings beat the consensus estimate for the third straight quarter.

Victoria&#39;s Secret Beats Q2 Earnings &amp; Revenue Estimates

Marriott International, Inc. (NASDAQ: MAR) is likely to benefit from solid leisure demand, a loyalty program and unit-expansion efforts. The focus on hotel conversions bodes well. However, soft demand in China is a concern.

Here&#39;s Why You Should Retain Marriott in Your Portfolio

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PTON

Peloton Interactive, Inc. (NASDAQ: PTON) reported fourth-quarter fiscal 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Following the results, the company&#39;s shares increased 12% in the pre-market trading session on Aug 22.

Peloton Stock Up on Q4 Earnings and Revenue Beat

Monarch Casino & Resort, Inc. - Common Stock

Monarch Casino & Resort Inc

Victoria&#39;s Secret &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vsco#NYSE">VSCO</a>) posted decent second-quarter fiscal 2024 results, with the top and the bottom line surpassing the Zacks Consensus Estimate. Earnings beat the consensus estimate for the third straight quarter.
Victoria&#39;s Secret posted positive business trends in North America in the third quarter, with encouraging early feedback on fall assortments for Victoria&#39;s Secret and PINK brands. The beauty segment performed well, driving customer traffic to stores. Going forward, the company emphasized key events including a major VSX sport launch and the return of the Victoria&#39;s Secret Fashion Show to drive growth.
While optimistic about the positive signs, the company acknowledges that the broader consumer environment remains challenging. Despite the hurdles, VSCO remains focused on controlling what it can &mdash; leveraging its market position in the intimates category and executing multiple growth initiatives to drive long-term growth.
<h2>Q2 in Detail</h2>
<div class="chart_embed">
<h3>Victoria&#39;s Secret &amp; Co. Price, Consensus and EPS Surprise</h3>
<img alt="Victoria's Secret &amp; Co. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/d0/1724933162.png" style="height:268px; width:574px" title="" />
Victoria&#39;s Secret &amp; Co. price-consensus-eps-surprise-chart | Victoria&#39;s Secret &amp; Co. Quote
Victoria&#39;s Secret reported adjusted earnings of 40 cents per share, beating the Zacks Consensus Estimate of 38 cents. The figure increased 66.7% from 24 cents in the year-ago quarter.
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Net sales dropped 0.7% year over year to $1.42 billion. However, the metric beat the Zacks Consensus Estimate of $1.41 billion. The company&#39;s comparable sales declined 3% on a year-over-year basis.
VSCO&#39;s net sales from the Stores &mdash; North America channel came in at $0.8 billion, down 2.1% year over year. Direct channel&#39;s net sales declined 0.9% year over year to $430.2 million. Net sales from the International channel rose 6.4% year over year to $187 million.
<h2>Margin &amp; Costs</h2>
The gross profit increased 3% year over year to $501.3 million. The gross margin expanded 130 basis points to 35.4% in the quarter under review. Cost of sales came in at $915.8 million, down 2.6% year over year.
General, administrative and store operating expenses declined 4.7% year over year to $439 million. It incurred interest expenses of $43.1 million, lower than $46.5 million in the prior-year quarter.
<h2>Outlook</h2>
For the third quarter of fiscal 2024, management expects net sales to increase in the low single-digit range. It registered net sales of $1.27 billion in the prior-year quarter. Adjusted operating loss for third-quarter 2024 is forecast to fall in the range of $40-$60 million. It anticipates adjusted net loss in the band of 60-80 cents per share.
The company projects net sales for the fiscal 2024 to decline 1% year over year compared with a previous projection of a low-single-digit decrease. Adjusted operating income for the fiscal 2024 is estimated between to be $275 million to $300 million compared with the previous projection of $250 million and $275 million.
<h2>Zacks Rank &amp; Other Key Picks</h2>
VSCO sports a Zacks Rank #1 (Strong Buy).
Some other top-ranked stocks in the Zacks Consumer Discretionary sector are as follows:
Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) currently sports a Zacks Rank of 1. RCL has a trailing four-quarter earnings surprise of 18.5%, on average. The stock has rallied 68.7% in the past year.
The Zacks Consensus Estimate for RCL&#39;s 2024 sales and earnings per share calls for growth of 18.1% and 69.9%, respectively, from the year-ago levels.
DoubleDown Interactive Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ddi#NASDAQ">DDI</a>) currently flaunts a Zacks Rank of 1. DDI has a trailing four-quarter earnings surprise of 22.1%, on average. The stock has surged 42.1% in the past year.
The Zacks Consensus Estimate for DDI&#39;s 2024 sales and EPS indicates an increase of 12.6% and 15.8%, respectively, from the year-ago levels.
Monarch Casino &amp; Resort, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcri#NASDAQ">MCRI</a>) carries a Zacks Rank #2 (Buy). MCRI has a trailing four-quarter negative earnings surprise of 3.5%, on average. The stock has increased 11.4% in the past year.
The Zacks Consensus Estimate for MCRI&#39;s 2024 sales and EPS indicates an increase of 2.3% and 10%, respectively, from the year-ago levels.
<a href="https://www.zacks.com/stock/news/2329103/victoria-s-secret-beats-q2-earnings-revenue-estimates?cid=CS-BENZ-FT-analyst_blog|earnings_article-2329103">To read this article on Zacks.com click here.</a>

Victoria's Secret Beats Q2 Earnings & Revenue Estimates

Marriott International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mar#NASDAQ">MAR</a>) is likely to benefit from solid leisure demand, a loyalty program and unit-expansion efforts. The focus on hotel conversions bodes well. However, soft demand in China is a concern.
Let us discuss the factors that highlight why investors should retain the stock for now.
<h2>Growth Catalysts</h2>
Marriott has been gaining from pent-up leisure demand. In second-quarter 2024, the company posted RevPAR growth across all customer segments &mdash; group, leisure transient and business transient &mdash; with increases in room nights and ADR. Group business, accounting for 24% of worldwide room nights, remained the strongest segment, with group RevPAR up 10% year over year.
The company witnessed robust demand during second-quarter 2024. The company&#39;s net rooms grew 6% year over year. In comparison, global RevPAR increased nearly 5%, supported by a 3% rise in the average daily rate and an occupancy increase of approximately 150 basis points, reaching 73%.
MAR&#39;s global RevPAR index continues to rise, reflecting its strong position in the market. RevPAR in the United States and Canada saw a nearly 4% gain, aided by the shift of the Easter holiday, with all chain scales from select service to luxury reporting positive growth. Internationally, RevPAR rose more than 7%, led by a 13% increase in Asia Pacific (excluding China). The upside was backed by robust macro trends and increased cross-border travel, particularly from Mainland China. Japan, in particular, saw a 21% rise in RevPAR. The EMEA region reported nearly 10% growth, while CALA posted a 9% increase. The company expects global RevPAR to rise 3-4% year over year in the second quarter and full year in 2024.
The company continues to enhance its Bonvoy loyalty program, which now has more than 210 million members (as of second-quarter 2024). It launched Business Access by Marriott Bonvoy, a comprehensive online travel program targeting small- and medium-sized corporate clients. The initial adoption of the platform exceeded expectations. In addition, partnerships with Rakuten in Japan, Alibaba in China and Rappi in CALA continue to drive strong international Bonvoy enrollments. During the second quarter, the program&#39;s global room night penetration reached 71% in the United States and Canada and 65% worldwide.
Marriott&#39;s global portfolio continues to grow faster than the overall industry supply, adding approximately 15,500 net rooms in the second quarter. Signing activity remains strong, particularly in APEC and Greater China, contributing to a pipeline of more than 559,000 rooms. Conversions played a significant role, representing 37% of openings and 32% of signings. Construction starts in the United States and Canada rose 40% year over year in the second quarter, reflecting growing development momentum. It expects positive development trends to continue on the back of new development and multiunit conversion opportunities.
<h2>Concerns</h2>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/7b/75340.jpg?v=780158394" />
Image Source: Zacks Investment Research
Marriott&#39;s shares have declined 4.8% in the past three months compared with the industry&#39;s 0.8% fall. Softer domestic demand in China primarily caused the downside.
During the second quarter, the company posted dismal performance in China. RevPAR in Greater China dropped approximately 4% due to macroeconomic pressures that led to weaker domestic demand. Additionally, the region saw an uptick in outbound high-end travelers, which further impacted local markets. While there was positive RevPAR growth in Tier 1 cities like Hong Kong, Macau and Taiwan, these gains were offset by declines across other areas, particularly in Hainan, which experienced a meaningful downturn. The company is cautious about persistent softness in demand and pricing trends in China for the remainder of 2024.
<h2>Our Thoughts</h2>
Marriott offers a balanced mix of growth opportunities and challenges, making it a stock worth holding. Its impressive global RevPAR growth, robust loyalty program and strategic room additions position it for long-term success. MAR&#39;s continued focus on high-growth regions and conversion deals underscores its ability to maintain market leadership and capitalize on leisure demand trends.
However, investors should remain cautious due to the company&#39;s exposure to weaker domestic demand in China, which could put pressure on overall performance. Additionally, Marriott&#39;s current valuation &mdash; with a forward P/E ratio of 22.05X compared with the industry&#39;s 21.80X &mdash; suggests premium pricing that might limit significant upside potential in the near term. While these risks warrant attention, the company&#39;s solid fundamentals and strategic growth initiatives provide enough reasons for investors to retain the stock. The Zacks Rank #3 (Hold) justifies our thesis.
<h2>Key Picks</h2>
Some better-ranked stocks in the Zacks Consumer Discretionary sector are as follows:
Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) currently sports a Zacks Rank of 1 (Strong Buy).
RCL has a trailing four-quarter earnings surprise of 18.5%, on average. The stock has rallied 65.9% in the past year. The Zacks Consensus Estimate for RCL&#39;s 2024 sales and earnings per share calls for growth of 18.1% and 69.9%, respectively, from the year-ago levels.
DoubleDown Interactive Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ddi#NASDAQ">DDI</a>) currently flaunts a Zacks Rank of 1. DDI has a trailing four-quarter earnings surprise of 22.1%, on average. The stock has surged 52.3% in the past year.
The Zacks Consensus Estimate for DDI&#39;s 2024 sales and EPS indicates an increase of 12.6% and 15.8%, respectively, from the year-ago levels.
Monarch Casino &amp; Resort, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcri#NASDAQ">MCRI</a>) currently flaunts a Zacks Rank of 1. MCRI has a trailing four-quarter negative earnings surprise of 3.5%, on average. The stock has increased 11.1% in the past year.
The Zacks Consensus Estimate for MCRI&#39;s 2024 sales and EPS indicates an increase of 2.3% and 10%, respectively, from the year-ago levels.
<a href="https://www.zacks.com/stock/news/2327129/here-s-why-you-should-retain-marriott-mar-in-your-portfolio?cid=CS-BENZ-FT-analyst_blog|rank_focused-2327129">To read this article on Zacks.com click here.</a>

Here's Why You Should Retain Marriott in Your Portfolio

Peloton Interactive, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pton#NASDAQ">PTON</a>) reported fourth-quarter fiscal 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Following the results, the company&#39;s shares increased 12% in the pre-market trading session on Aug 22.
<h2>Earnings and Revenues</h2>
PTON reported an adjusted loss per share of 8 cents, narrower than the Zacks Consensus Estimate of a loss of 18 cents. In the prior-year quarter, the company had reported an adjusted loss of 68 cents per share. Revenues for the quarter under review came in at $643.6 million, beating the Zacks Consensus Estimate of $626 million. The metric was almost flat year over year.
It reported Connected Fitness segment revenues of $212.1 million, down 4% year over year. However, Subscription revenues increased 2% year over year to $431.4 million.
<div class="chart_embed">
<h3>Peloton Interactive, Inc. Price, Consensus and EPS Surprise</h3>
<h2><img alt="Peloton Interactive, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/6f/1724331746.png" style="height:265px; width:574px" title="" /></h2>
Peloton Interactive, Inc. price-consensus-eps-surprise-chart | Peloton Interactive, Inc. Quote
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<h2>Operating Metrics</h2>
At the close of the quarter, Peloton recorded 2.98 million Ending Paid Connected Fitness Subscriptions, marking a 75 thousand net decline. The average net monthly paid Connected Fitness subscription churn stood at 1.9%.
Concluding the quarter, it registered 615 thousand Peloton App subscribers, reflecting a net decrease of 59 thousand. Average monthly paid app subscription churn stood at 8.4%.
<h2>Costs</h2>
In the three months ending on Jun 30, 2024, total operating expenses, incorporating restructuring and impairment expenses, amounted to $375.3 million compared with $426.8 million in the prior-year quarter. General and administrative expenses saw a decline of $23.3 million to $186.2 million compared with a year ago.
<h2>Outlook</h2>
For first-quarter fiscal 2025, management expects Ending Paid Connected Fitness Subscriptions in the range of 2.88-2.89 million, down 3% year over year. On the other hand, Ending Paid App Subscriptions is predicted in the range of 0.56-0.57 million. Revenues for the quarter are projected to be between $560 million and $580 million, down 4% (from the midpoint of guidance) from the year-ago level.
For fiscal 2025, the company forecasts Ending Paid Connected Fitness Subscriptions in the range of 2.68-2.75 million, down 9% (from the midpoint of guidance) from the year-earlier level. On the other hand, Ending Paid App Subscriptions is anticipated in the range of 0.57-0.62 million, down 3% (from the midpoint of guidance) from the year-earlier level. Revenues for the quarter are expected to be between $2,400 million and $2,500 million, down 9% (from the midpoint of guidance) from a year ago.
The company currently has a Zacks Rank #3 (Hold).
<h2>Key Picks</h2>
Some better-ranked stocks in the Zacks Consumer Discretionary sector are as follows:
Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) currently sports a Zacks Rank of 1 (Strong Buy).
RCL has a trailing four-quarter earnings surprise of 18.5%, on average. The stock has rallied 62.6% in the past year. The Zacks Consensus Estimate for RCL&#39;s 2024 sales and earnings per share calls for growth of 18.1% and 69.7%, respectively, from the year-ago levels.
DoubleDown Interactive Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ddi#NASDAQ">DDI</a>) currently flaunts a Zacks Rank of 1. DDI has a trailing four-quarter earnings surprise of 22.1%, on average. The stock has surged 70.2% in the past year. The Zacks Consensus Estimate for DDI&#39;s 2024 sales and EPS indicates an increase of 12.6% and 15.8%, respectively, from the year-ago levels.
Monarch Casino &amp; Resort, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcri#NASDAQ">MCRI</a>) currently carries a Zacks Rank #2 (Buy). MCRI has a trailing four-quarter negative earnings surprise of 3.5%, on average. The stock has increased 13.1% in the past year. The Zacks Consensus Estimate for MCRI&#39;s 2024 sales and EPS indicates an increase of 2.3% and 10%, respectively, from the year-ago levels.
<a href="https://www.zacks.com/stock/news/2325733/peloton-pton-stock-up-on-q4-earnings-and-revenue-beat?cid=CS-BENZ-FT-analyst_blog|earnings_article-2325733">To read this article on Zacks.com click here.</a>

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IGT Expands Sports Betting Footprint In Nevada And Colorado Through IGT PlaySports Technology And Services Agreement With Monarch Casino & Resort

Macquarie analyst Chad Beynon maintains Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) with a Neutral and maintains $76 price target.

Price Target

Macquarie Maintains Neutral on Monarch Casino & Resort, Maintains $76 Price Target

Truist Securities analyst Barry Jonas maintains Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) with a Hold and raises the price target from $74 to $75.

Truist Securities Maintains Hold on Monarch Casino & Resort, Raises Price Target to $75

Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.11 by 7.21 percent. The company reported quarterly sales of $128.143 million which beat the analyst consensus estimate of $126.307 million by 1.45 percent. This is a 3.61 percent increase over sales of $123.683 million the same period last year.

Monarch Casino & Resort Q2 2024 GAAP EPS $1.19 Beats $1.11 Estimate, Sales $128.143M Beat $126.307M Estimate

Macquarie analyst Chad Beynon maintains Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) with a Neutral and raises the price target from $75 to $76.

Macquarie Maintains Neutral on Monarch Casino & Resort, Raises Price Target to $76

Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported quarterly earnings of $0.93 per share which missed the analyst consensus estimate of $0.98 by 5.1 percent. The company reported quarterly sales of $121.657 million which missed the analyst consensus estimate of $122.320 million by 0.54 percent. This is a 4.30 percent increase over sales of $116.644 million the same period last year.

Earnings Misses

Monarch Casino & Resort Q1 2024 GAAP EPS $0.93 Misses $0.98 Estimate, Sales $121.657M Miss $122.320M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) is projected to report quarterly earnings at $3.43 per share on revenue of $6.13 billion.
&bull; VinFast Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>) is expected to report earnings for its first quarter.
&bull; Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $1.86 billion.
&bull; Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) is estimated to report quarterly earnings at $0.96 per share on revenue of $9.89 billion.
&bull; First Horizon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $809.71 million.
&bull; U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) is projected to report quarterly earnings at $0.88 per share on revenue of $6.72 billion.
&bull; Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) is estimated to report quarterly earnings at $4.81 per share on revenue of $10.49 billion.
&bull; BankUnited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKU#NYSE">BKU</a>) is expected to report quarterly earnings at $0.60 per share on revenue of $240.01 million.
&bull; Citizens Financial Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFG#NYSE">CFG</a>) is projected to report quarterly earnings at $0.74 per share on revenue of $1.96 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Exela Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XELA#NASDAQ">XELA</a>) is likely to report earnings for its first quarter.
&bull; Home Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBCP#NASDAQ">HBCP</a>) is estimated to report quarterly earnings at $0.97 per share on revenue of $28.45 million.
&bull; Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) is expected to report quarterly earnings at $0.96 per share on revenue of $122.32 million.
&bull; Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $2.94 billion.
&bull; Cohen &amp; Steers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>) is estimated to report quarterly earnings at $0.71 per share on revenue of $127.43 million.
&bull; Kinder Morgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $4.47 billion.
&bull; Brandywine Realty Tr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BDN#NYSE">BDN</a>) is expected to report quarterly earnings at $0.24 per share on revenue of $129.70 million.
&bull; First Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) is estimated to report quarterly earnings at $0.62 per share on revenue of $161.53 million.
&bull; Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) is expected to report quarterly earnings at $1.43 per share on revenue of $1.40 billion.
&bull; Alcoa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) is projected to report quarterly loss at $0.43 per share on revenue of $2.58 billion.
&bull; Rexford Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REXR#NYSE">REXR</a>) is likely to report quarterly earnings at $0.57 per share on revenue of $207.33 million.
&bull; Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $106.01 million.
&bull; SL Green Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLG#NYSE">SLG</a>) is projected to report quarterly earnings at $2.15 per share on revenue of $158.04 million.
&bull; Old Second Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSBC#NASDAQ">OSBC</a>) is likely to report quarterly earnings at $0.46 per share on revenue of $69.80 million.
&bull; Great Southern Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) is expected to report quarterly earnings at $1.04 per share on revenue of $47.52 million.
&bull; Synovus Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>) is likely to report quarterly earnings at $0.99 per share on revenue of $548.06 million.
&bull; F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) is expected to report quarterly earnings at $0.34 per share on revenue of $407.30 million.
&bull; Liberty Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBRT#NYSE">LBRT</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $1.09 billion.
&bull; Discover Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>) is expected to report quarterly earnings at $2.99 per share on revenue of $4.05 billion.
&bull; Bank OZK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OZK#NASDAQ">OZK</a>) is projected to report quarterly earnings at $1.46 per share on revenue of $397.07 million.
&bull; CSX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) is projected to report quarterly earnings at $0.45 per share on revenue of $3.67 billion.
&bull; Wintrust Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>) is estimated to report quarterly earnings at $2.44 per share on revenue of $579.20 million.
&bull; Banner (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANR#NASDAQ">BANR</a>) is estimated to report quarterly earnings at $1.13 per share on revenue of $135.76 million.
&bull; Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) is projected to report quarterly earnings at $0.07 per share on revenue of $197.40 million.
&bull; Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.63 billion.
&bull; Marten Transport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRTN#NASDAQ">MRTN</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $272.17 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For April 17, 2024

Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:03 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Monarch Casino &amp; Resort missed estimated earnings by 9.71%, reporting an EPS of $0.93 versus an estimate of $1.03.
Revenue was up $7.65 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.21 which was followed by a 5.67% drop in the share price the next day.
Here's a look at Monarch Casino &amp; Resort's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.44</td>
<td>1.17</td>
<td>0.98</td>
<td>1.20</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.23</td>
<td>1.14</td>
<td>0.90</td>
<td>1.14</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>134.80M</td>
<td>123.87M</td>
<td>115.45M</td>
<td>121.10M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>132.97M</td>
<td>123.68M</td>
<td>116.64M</td>
<td>120.54M</td>
</tr>
</tbody>
</table>

&#x2A;&#x2A; Listen to the earnings announcement yourself by <a href="">clicking here</a>. &#x2A;&#x2A;
To track all earnings releases for Monarch Casino &amp; Resort <a href="https://www.benzinga.com/quote/MCRI/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Monarch Casino & Resort: Q4 Earnings Insights

Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported quarterly earnings of $0.93 per share which missed the analyst consensus estimate of $1.07 by 13.08 percent. The company reported quarterly sales of $128.19 million which beat the analyst consensus estimate of $118.67 million by 8.02 percent. This is a 6.35 percent increase over sales of $120.54 million the same period last year.

Monarch Casino & Resort Q4 2023 GAAP EPS $0.93 Misses $1.07 Estimate, Sales $128.19M Beat $118.67M Estimate

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Earnings Scheduled For February 14, 2024

Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-02-14. Here's what investors need to know before the announcement.
Analysts estimate that Monarch Casino &amp; Resort will report an earnings per share (EPS) of $1.03. 
Monarch Casino &amp; Resort bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.21, which was followed by a 5.67% drop in the share price the next day.
Here's a look at Monarch Casino &amp; Resort's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.44</td>
<td>1.17</td>
<td>0.98</td>
<td>1.20</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.23</td>
<td>1.14</td>
<td>0.90</td>
<td>1.14</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-5.67%</td>
<td>-4.97%</td>
<td>-4.81%</td>
<td>-1.51%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1707847255_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Monarch Casino &amp; Resort were trading at $70.26 as of February 12. Over the last 52-week period, shares are down 12.85%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/MCRI/earnings">To track all earnings releases for Monarch Casino &amp; Resort visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of Monarch Casino & Resort's Earnings

4 analysts have shared their evaluations of Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $77.0, a high estimate of $90.00, and a low estimate of $65.00. This current average has decreased by 17.2% from the previous average price target of $93.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1704466875_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Monarch Casino &amp; Resort is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeffrey Stantial</td>
<td>Stifel</td>
<td>Announces</td>
<td>Hold</td>
<td>$70.00</td>
<td>-</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Announces</td>
<td>Hold</td>
<td>$65.00</td>
<td>-</td>
</tr>
<tr>
<td>Jeffrey Stantial</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$83.00</td>
<td>$91.00</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$90.00</td>
<td>$95.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Monarch Casino &amp; Resort. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Monarch Casino &amp; Resort compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Monarch Casino &amp; Resort's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Monarch Casino &amp; Resort's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MCRI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Monarch Casino &amp; Resort analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About Monarch Casino &amp; Resort</h2>
Monarch Casino &amp; Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food &amp; Beverage and Hotel Operations.
<h3>Monarch Casino &amp; Resort's Financial Performance</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Monarch Casino &amp; Resort's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -0.57%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Monarch Casino &amp; Resort's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 18.17%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Monarch Casino &amp; Resort's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.91% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Monarch Casino &amp; Resort's ROA excels beyond industry benchmarks, reaching 3.63%. This signifies efficient management of assets and strong financial health.
Debt Management: Monarch Casino &amp; Resort's debt-to-equity ratio is below the industry average. With a ratio of 0.05, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Monarch Casino & Resort: Insights From 4 Financial Analysts

Stifel analyst Jeffrey Stantial downgrades Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) from Buy to Hold and announces $70 price target.

Downgrades

Stifel Downgrades Monarch Casino & Resort to Hold, Announces $70 Price Target

<h3>Upgrades</h3>
According to CL King, the prior rating for Stepan Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCL#NYSE">SCL</a>) was changed from Neutral to Buy. In the third quarter, Stepan showed an EPS of $0.64, compared to $2.01 from the year-ago quarter. NoneThe stock has a 52-week-high of $114.79 and a 52-week-low of $63.60. At the end of the last trading period, Stepan closed at $72.21. 
For Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), Keybanc upgraded the previous rating of Sector Weight to Overweight. For the third quarter, Netflix had an EPS of $3.73, compared to year-ago quarter EPS of $3.10. NoneThe stock has a 52-week-high of $485.00 and a 52-week-low of $237.75. At the end of the last trading period, Netflix closed at $346.19. 
JP Morgan upgraded the previous rating for First Solar Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) from Neutral to Overweight. For the second quarter, First Solar had an EPS of $1.89, compared to year-ago quarter EPS of $0.52. At the moment, the stock has a 52-week-high of $232.00 and a 52-week-low of $116.50. First Solar closed at $153.13 at the end of the last trading period. 
According to Goldman Sachs, the prior rating for Best Buy Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) was changed from Neutral to Buy. Best Buy Co earned $1.22 in the second quarter, compared to $1.54 in the year-ago quarter. NoneThe current stock performance of Best Buy Co shows a 52-week-high of $93.32 and a 52-week-low of $61.89. Moreover, at the end of the last trading period, the closing price was at $70.20. 
Jefferies upgraded the previous rating for CrowdStrike Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) from Hold to Buy. For the second quarter, CrowdStrike Holdings had an EPS of $0.74, compared to year-ago quarter EPS of $0.36. The stock has a 52-week-high of $190.36 and a 52-week-low of $92.25. At the end of the last trading period, CrowdStrike Holdings closed at $187.79. 
For Kontoor Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KTB#NYSE">KTB</a>), Goldman Sachs upgraded the previous rating of Neutral to Buy. For the second quarter, Kontoor Brands had an EPS of $0.77, compared to year-ago quarter EPS of $1.09. The stock has a 52-week-high of $53.83 and a 52-week-low of $33.52. At the end of the last trading period, Kontoor Brands closed at $45.89. 
Keefe, Bruyette &amp; Woods upgraded the previous rating for SoFi Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) from Underperform to Market Perform. SoFi Techs earned $0.06 in the second quarter, compared to $0.12 in the year-ago quarter. The current stock performance of SoFi Techs shows a 52-week-high of $11.70 and a 52-week-low of $4.25. Moreover, at the end of the last trading period, the closing price was at $7.77. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings upgrades.</a>
<h3>Downgrades</h3>
Scotiabank downgraded the previous rating for Enphase Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) from Sector Outperform to Sector Perform. For the second quarter, Enphase Energy had an EPS of $1.47, compared to year-ago quarter EPS of $1.07. NoneAt the moment, the stock has a 52-week-high of $339.88 and a 52-week-low of $111.44. Enphase Energy closed at $123.84 at the end of the last trading period. 
Truist Securities downgraded the previous rating for Monarch Casino &amp; Resort Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) from Buy to Hold. In the third quarter, Monarch Casino &amp; Resort showed an EPS of $1.23, compared to $1.41 from the year-ago quarter. NoneAt the moment, the stock has a 52-week-high of $85.67 and a 52-week-low of $60.72. Monarch Casino &amp; Resort closed at $61.48 at the end of the last trading period. 
For Werner Enterprises Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WERN#NASDAQ">WERN</a>), B of A Securities downgraded the previous rating of Buy to Underperform. For the second quarter, Werner Enterprises had an EPS of $0.52, compared to year-ago quarter EPS of $0.87. NoneAt the moment, the stock has a 52-week-high of $50.31 and a 52-week-low of $35.84. Werner Enterprises closed at $37.90 at the end of the last trading period. 
B of A Securities downgraded the previous rating for Peloton Interactive Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>) from Neutral to Underperform. In the fourth quarter, Peloton Interactive showed an EPS of $0.68, compared to $1.32 from the year-ago quarter. NoneThe stock has a 52-week-high of $17.83 and a 52-week-low of $4.30. At the end of the last trading period, Peloton Interactive closed at $4.80. 
According to TD Cowen, the prior rating for Pioneer Natural Resources Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PXD#NYSE">PXD</a>) was changed from Outperform to Market Perform. Pioneer Natural Resources earned $4.49 in the second quarter, compared to $9.36 in the year-ago quarter. At the moment, the stock has a 52-week-high of $274.42 and a 52-week-low of $177.26. Pioneer Natural Resources closed at $255.23 at the end of the last trading period. 
According to TD Cowen, the prior rating for Canada Goose Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOOS#NYSE">GOOS</a>) was changed from Outperform to Market Perform. In the first quarter, Canada Goose Hldgs showed an EPS of $0.52, compared to $0.44 from the year-ago quarter. The stock has a 52-week-high of $24.73 and a 52-week-low of $12.66. At the end of the last trading period, Canada Goose Hldgs closed at $12.72. 
For DHT Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHT#NYSE">DHT</a>), Stifel downgraded the previous rating of Buy to Hold. In the second quarter, DHT Holdings showed an EPS of $0.35, compared to $0.06 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.13 and a 52-week-low of $7.30. DHT Holdings closed at $10.96 at the end of the last trading period. 
According to Goldman Sachs, the prior rating for Foot Locker Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) was changed from Neutral to Sell. Foot Locker earned $0.04 in the second quarter, compared to $1.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $47.22 and a 52-week-low of $14.84. Foot Locker closed at $21.94 at the end of the last trading period. 
For MaxLinear Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NASDAQ">MXL</a>), Deutsche Bank downgraded the previous rating of Buy to Hold. MaxLinear earned $0.34 in the second quarter, compared to $1.11 in the year-ago quarter. The stock has a 52-week-high of $43.66 and a 52-week-low of $20.83. At the end of the last trading period, MaxLinear closed at $21.40. 
According to Morgan Stanley, the prior rating for Dada Nexus Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DADA#NASDAQ">DADA</a>) was changed from Overweight to Equal-Weight. Dada Nexus earned $0.00 in the second quarter, compared to $0.25 in the year-ago quarter. NoneAt the moment, the stock has a 52-week-high of $15.59 and a 52-week-low of $2.98. Dada Nexus closed at $4.04 at the end of the last trading period. 
According to TD Cowen, the prior rating for Generation Bio Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GBIO#NASDAQ">GBIO</a>) was changed from Outperform to Market Perform. For the second quarter, Generation Bio had an EPS of $0.47, compared to year-ago quarter EPS of $0.66. The stock has a 52-week-high of $7.35 and a 52-week-low of $2.31. At the end of the last trading period, Generation Bio closed at $2.41. 
Wells Fargo downgraded the previous rating for Northern Trust Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>) from Overweight to Equal-Weight. For the third quarter, Northern Trust had an EPS of $1.49, compared to year-ago quarter EPS of $1.80. NoneThe stock has a 52-week-high of $100.25 and a 52-week-low of $64.32. At the end of the last trading period, Northern Trust closed at $65.94. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings downgrades.</a>
<h3>Initiations</h3>
Mizuho initiated coverage on Netstreit Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTST#NYSE">NTST</a>) with a Neutral rating. The price target for Netstreit is set to $15.00. For the second quarter, Netstreit had an EPS of $0.30, compared to year-ago quarter EPS of $0.28. The current stock performance of Netstreit shows a 52-week-high of $20.64 and a 52-week-low of $14.20. Moreover, at the end of the last trading period, the closing price was at $14.22. 
JMP Securities initiated coverage on Structure Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPCR#NASDAQ">GPCR</a>) with a Market Outperform rating. The price target for Structure Therapeutics is set to $90.00. NoneAt the moment, the stock has a 52-week-high of $68.03 and a 52-week-low of $20.80. Structure Therapeutics closed at $65.86 at the end of the last trading period. 
Deutsche Bank initiated coverage on Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) with a Buy rating. The price target for Starbucks is set to $118.00. In the third quarter, Starbucks showed an EPS of $1.00, compared to $0.84 from the year-ago quarter. The current stock performance of Starbucks shows a 52-week-high of $115.48 and a 52-week-low of $82.43. Moreover, at the end of the last trading period, the closing price was at $93.75. 
With a Buy rating, Deutsche Bank initiated coverage on Sysco Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>). The price target seems to have been set at $75.00 for Sysco. In the fourth quarter, Sysco showed an EPS of $1.34, compared to $1.15 from the year-ago quarter. The stock has a 52-week-high of $87.40 and a 52-week-low of $62.23. At the end of the last trading period, Sysco closed at $65.18. 
Deutsche Bank initiated coverage on US Foods Holding Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USFD#NYSE">USFD</a>) with a Buy rating. The price target for US Foods Hldg is set to $50.00. US Foods Hldg earned $0.79 in the second quarter, compared to $0.67 in the year-ago quarter. At the moment, the stock has a 52-week-high of $44.52 and a 52-week-low of $27.05. US Foods Hldg closed at $37.42 at the end of the last trading period. 
Deutsche Bank initiated coverage on Restaurant Brands International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Buy rating. The price target for Restaurant Brands Intl is set to $75.00. Restaurant Brands Intl earned $0.85 in the second quarter, compared to $0.82 in the year-ago quarter. NoneThe stock has a 52-week-high of $78.30 and a 52-week-low of $54.86. At the end of the last trading period, Restaurant Brands Intl closed at $64.31. 
Stifel initiated coverage on Gracell Biotechnologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRCL#NASDAQ">GRCL</a>) with a Buy rating. The price target for Gracell Biotechnologies is set to $11.00. For the second quarter, Gracell Biotechnologies had an EPS of $0.30, compared to year-ago quarter EPS of $0.30. At the moment, the stock has a 52-week-high of $6.99 and a 52-week-low of $1.40. Gracell Biotechnologies closed at $2.60 at the end of the last trading period. 
Stifel initiated coverage on Cabaletta Bio Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CABA#NASDAQ">CABA</a>) with a Buy rating. The price target for Cabaletta Bio is set to $31.00. For the second quarter, Cabaletta Bio had an EPS of $0.37, compared to year-ago quarter EPS of $0.45. NoneThe current stock performance of Cabaletta Bio shows a 52-week-high of $19.34 and a 52-week-low of $0.93. Moreover, at the end of the last trading period, the closing price was at $13.46. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings initiations.</a>

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Benzinga's Top Ratings Upgrades, Downgrades For October 19, 2023

Truist Securities analyst Barry Jonas downgrades Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) from Buy to Hold and announces $65 price target.

Truist Securities Downgrades Monarch Casino & Resort to Hold, Announces $65 Price Target

Stifel analyst Jeffrey Stantial maintains Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) with a Buy and lowers the price target from $91 to $83.

Stifel Maintains Buy on Monarch Casino & Resort, Lowers Price Target to $83

Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported quarterly earnings of $1.23 per share. This is a 12.77 percent decrease over earnings of $1.41 per share from the same period last year. The company reported $132.97 million in sales this quarter. This is a 0.57 percent decrease over sales of $133.73 million the same period last year.

Monarch Casino & Resort Q3 EPS $1.23 Down From $1.41 YoY, Sales $132.97M Down From $133.73M YoY

Monarch Casino: Brilliant Execution Has Rewarded Longtime Holders, But What's Next?

The casino industry is set to soar with the rise in online gambling, rising incomes, and accessibility. Hence, investors may consider strong entertainment stocks like Las Vegas Sands (LVS), Monarch Casino & Resort (MCRI), and International Game Technology (IGT), which are poised to lead in July 2024. Read more... The future of the entertainment casino industry appears bright because of digitalization, technological innovation, and the increasing disposable income of casino-goers. Amid this backdrop, investors could consider buying fundamentally strong entertainment stocks Las Vegas Sands Corp. (<a href="https://stocknews.com/stock/LVS/">LVS</a>), Monarch Casino &amp; Resort, Inc. (<a href="https://stocknews.com/stock/MCRI/">MCRI</a>), and International Game Technology PLC (<a href="https://stocknews.com/stock/IGT/">IGT</a>), set to soar in July.
Globally, the excitement over crypto integration, responsible gambling, social networks, live dealer games, AI, and mobile casino options is driving global growth in the casino industry. Notably, Statista predicts the entertainment segment to reach a market volume of <a href="https://www.statista.com/outlook/dmo/app/entertainment/worldwide">$53.13 billion by 2027</a>.
Moreover, the rise of online gambling and sports betting drives platform competition and strengthens the sector's prospects. Also, governments relaxing gambling laws in many countries significantly impact the casino market, aiming to enhance tourism and revenue. As a result, the global casino gaming market is expected to reach $264.10 billion by 2024, growing at a <a href="https://www.goldsteinresearch.com/report/global-casino-gaming-industry-market-trends-analysis">9.2% CAGR</a>.
Considering these trends, let's take a look at the fundamentals of the three <a href="https://stocknews.com/category/entertainment-casinos-gambling/">Entertainment - Casinos/Gambling</a> stocks, starting with the third choice.
Stock #3: Las Vegas Sands Corp. (<a href="https://stocknews.com/stock/LVS/">LVS</a>)
LVS and its subsidiaries develop, own, and operate integrated resorts in Macao and Singapore. They own and operate The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao, and Four Seasons Hotel Macao on the Cotai Strip, as well as the Sands Macao in Macao, China. Additionally, they operate Marina Bay Sands in Singapore.
In terms of the trailing-12-month net income margin, LVS' 13.99% is 188.2% higher than the 4.85% industry average. Likewise, its 35.10% trailing-12-month <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp">EBITDA margin</a> is 208.8% higher than the 11.37% industry average. Additionally, its 28.90% trailing-12-month EBIT margin is 209.7% higher than the 7.72% industry average.
For the first quarter that ended March 31, 2024, LVS' net revenues increased 39.6% year-over-year to $2.96 billion. Its adjusted net income and adjusted EPS attributable to LVS stood at $566 million and $0.75, up 160.8% and 167.9% over the prior-year quarter, respectively. In addition, its consolidated adjusted property EBITDA grew 52.4% year-over-year to $1.21 billion.
For the quarter ending June 30, 2024, LVS' EPS and revenue are expected to increase 29.9% and 12.1% year-over-year to $0.60 and $2.85 billion, respectively. It surpassed the consensus revenue estimates in each of the trailing four quarters. Over the past month, the stock has declined marginally to close the last trading session at $44.14.
LVS' <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect strong prospects. It has an overall rating of B, translating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has a B grade for Sentiment and Quality. It is ranked #5 out of 25 stocks in the <a href="https://stocknews.com/category/entertainment-casinos-gambling/">Entertainment - Casinos/Gambling</a> industry. Beyond what we stated above, we also have given LVS grades for Growth, Value, Momentum, and Stability. Get all the LVS ratings <a href="https://stocknews.com/stock/LVS/">here</a>.
Stock #2: Monarch Casino &amp; Resort, Inc. (<a href="https://stocknews.com/stock/MCRI/">MCRI</a>)
MCRI and its subsidiaries own and operate the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. They also own and operate the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado.
In terms of the trailing-12-month levered FCF margin, MCRI's 16.52% is 201.6% higher than the 5.48% industry average. Likewise, the stock's 32.57% trailing-12-month EBITDA margin is 186.5% higher than the 11.37% industry average. Also, the stock's 16.40% trailing-12-month net income margin is 237.9% higher than the 4.85% industry average.
MCRI's net revenues for the first quarter that ended March 31, 2024, increased 4.3% year-over-year to $121.66 million. The company's net income and EPS increased 3.4% and 3.3% year-over-year to $18.28 million and $0.93, respectively. Also, its adjusted EBITDA rose 5.7% over the previous year's quarter to $38.55 million.
Analysts expect MCRI's revenue for the quarter ending June 30, 2024, to increase 2.2% to $126.36 million. Its EPS for the quarter ending September 30, 2024, is expected to increase 8.1% year-over-year to $1.33. Over the past nine months, the stock has gained 9% to close the last trading session at $68.11.
MCRI's POWR Ratings reflect strong prospects. It has an overall rating of B, translating to a Buy in our proprietary rating system.
It has an A grade for Quality and a B for Stability. It is ranked #4 in the same industry. To see MCRI's grades for Growth, Value, Momentum, and Sentiment, <a href="https://stocknews.com/stock/MCRI/">click here</a>.
Stock #1: International Game Technology PLC (<a href="https://stocknews.com/stock/IGT/">IGT</a>)
Headquartered in London, United Kingdom, IGT operates and provides gaming technology products and services internationally. It operates through three segments: Global Lottery, Global Gaming, and PlayDigital.
On June 25, 2024, IGT announced it won a contract to provide the Ohio Lottery Commission with a video lottery terminal central monitoring system, effective from May 31, 2024, to June 30, 2033. The contract includes an option for Ohio to renew for up to two additional one-year terms.
On May 16, 2024, IGT announced that its PlaySports Trading Advisory Services Team is now supporting sports betting in Michigan through a new agreement with Lac Vieux Desert Northern Waters Casino &amp; Resort. This expands their existing partnership, which has utilized IGT's platform and self-service betting technology since 2021.
In terms of the trailing-12-month EBIT margin, IGT's 24.75% is 220.8% higher than the 7.72% industry average. Likewise, its 8.61% trailing-12-month Return on Total Capital is 37% higher than the 6.29% industry average. Moreover, its 9.02% trailing-12-month Capex / Sales is 198.5% higher than the 3.02% industry average.
IGT's total revenue and total operating income for the first quarter ended March 31, 2024, increased marginally year-over-year to $1.07 billion and $256 million, respectively. The company's adjusted EBITDA, excluding separation and divestiture costs, rose 2.7% from the previous year. Additionally, its adjusted EPS stood at $0.46.
Street expects IGT's EPS and revenue for the quarter ending June 30, 2024, to increase 8.5% and 0.4% year-over-year to $0.49 and $1.06 billion, respectively. It surpassed the Street EPS and revenue estimates in three of the trailing four quarters, respectively. Over the past month, the stock has gained 2.1% to close the last trading session at $20.08.
It's no surprise that IGT has an overall rating of B, which translates to a Buy in our proprietary POWR Ratings system.
It is ranked #2 in the Entertainment – Casinos/Gambling industry. It has a B grade for Value, Sentiment, and Quality. <a href="https://stocknews.com/stock/IGT/">Click here</a> to see IGT's rating for Growth, Momentum, and Stability.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
LVS shares were trading at $44.22 per share on Friday afternoon, up $0.08 (+0.18%). Year-to-date, LVS has declined -9.40%, versus a 15.73% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/lvs-igt-mcri-3-entertainment-stocks-set-to-soar-in-july/>3 Entertainment Stocks Set to Soar in July</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Entertainment Stocks Set to Soar in July

Monarch Casino &amp; Resort GAAP EPS of $1.19 beats by $0.08, revenue of $128.14M beats by $1.83M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Monarch Casino &amp; Resort (NASDAQ:<a href="https://investorplace.com/stock-quotes/mcri-stock-quote/">MCRI</a>) just reported results for the second quarter of 2024.<ul><li>Monarch Casino &amp; Resort reported earnings per share of $1.19. This was above the analyst estimate for EPS of $1.11.</li><li>The company reported revenue of $128.14 million.</li><li>This was 5.99% worse than the analyst estimate for revenue of $136.31 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/07/mcri-stock-earnings-monarch-casino-resort-for-q2-of-2024/">MCRI Stock Earnings: Monarch Casino &amp; Resort Beats EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

MCRI Stock Earnings: Monarch Casino & Resort Beats EPS, Misses Revenue for Q2 2024

In a report released today, Barry Jonas from Truist Financial maintained a Hold rating on Monarch Casino & Resort (MCRI – Research Report), with a ...

Truist Financial Sticks to Their Hold Rating for Monarch Casino & Resort (MCRI)

In a report released today, Jeffrey Stantial from Stifel Nicolaus maintained a Hold rating on Monarch Casino & Resort (MCRI – Research Report), wit...

Monarch Casino & Resort (MCRI) Gets a Hold from Stifel Nicolaus

Macquarie analyst Chad Beynon has maintained their neutral stance on MCRI stock, giving a Hold rating today. Chad Beynon has given his Hold rating ...

Neutral Hold Rating for Monarch Casino & Resort Amidst Competitive Challenges and Solid Performance

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Small-cap stocks have emerged in 2024 after many years in the wilderness. The Russell 2000 is up nearly 11% in the past month through July 31. While it&rsquo;s hard to know how small-cap stocks with low debt have performed over this period, investors are undoubtedly paying more attention to them.




&ldquo;&lsquo;I think the narrative has changed,&rsquo; said Eric Kuby, chief investment officer at North Star Investment Management Corp, which specializes in small-cap stocks. &lsquo;I&rsquo;m hoping &hellip; this jump over the last week is really just the beginning of what could be a very long, multi-year period of time where small caps could make up a lot of ground,&rdquo; Reuters reported the portfolio manager&rsquo;s <a href="https://www.reuters.com/markets/us/rotation-trade-takes-small-caps-dead-money-wall-street-darlings-2024-07-18/">comments</a> in mid-July.




How does one know whether the 2024 performance of small-cap stocks is real or imagined? A Reddit post from late May tells me it&rsquo;s the former. The headline <a href="https://www.reddit.com/r/stocks/comments/1dgr59c/small_cap_value_has_never_been_more_brutal/">stated</a> Small Cap Value has never been more brutal.&nbsp;



If ever there were a buy signal, that would be it.



While value is hard to pin down, my idea of value is those stocks that trade for reasonable multiples and have fortress-like balance sheets.&nbsp;



Here are my three small-cap stocks with low debt to buy for growth at reasonable prices.&nbsp;



<h2>Hudson Technologies (HDSN)</h2>



<div><img width="300" height="300" src="https://investorplace.com/wp-content/uploads/2022/01/hudson-log-300x300.jpeg" alt="Hudson Technologies (HDSN) logo"><div>Source: www.hudsontech.com</div></div>Hudson Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/hdsn-stock-quote/">HDSN</a>) is the smallest of the three small-cap stocks, with a market capitalization of $388 million. It has net cash of $4.3 million based on a total debt of just <a href="https://www.morningstar.com/stocks/xnas/hdsn/financials">$6.23 million</a> against $10.6 million in cash and cash equivalents on its balance sheet.&nbsp;



This is the first time I&rsquo;ve ever heard of Hudson Technologies, so I&rsquo;m just as naive as you are about what it does to make money.



As best I can tell, the New York-based company sells products and services to <a href="https://www.hudsontech.com/about-us/">reduce greenhouse gas emissions</a>. It focuses on the HVACR (heating, ventilation, air-conditioning and refrigeration) industry.&nbsp;




&ldquo;One of the largest refrigerant selections in the country, featuring our certified reclaimed Emerald&reg; Refrigerants,&rdquo; its website states.&nbsp;




The company&rsquo;s results in 2024 aren&rsquo;t going to be as good as last year, which is why its stock is down nearly 40% year-to-date. However, as its CEO stated in its Q1 2024 press release, the business will improve as HFCs (hydrofluorocarbons) are phased out.&nbsp;




&ldquo;&hellip; [I]t is important to reiterate our confidence that the phasedown of HFC will ultimately move pricing higher, accelerate reclamation adoption and drive enhanced profitability in our business,&rdquo; CEO Brian Coleman <a href="https://www.hudsontech.com/financial-results-earnings-calls/hudson-technologies-reports-first-quarter-2024-results/">stated</a>.




<h2>Monarch Casino &amp; Resort (MCRI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2018/05/mcri-stock-300x169.jpg" alt=""><div>Source: Shutterstock</div></div>Monarch Casino and Resort (NASDAQ:<a href="https://investorplace.com/stock-quotes/mcri-stock-quote/">MCRI</a>) is the second largest of the small-cap stocks, with a market cap of $$1.46 billion. It has a net cash of $19.3 million based on a total debt of just <a href="https://www.morningstar.com/stocks/xnas/mcri/financials">$20.2 million</a> against $39.5 million in cash and cash equivalents.&nbsp;



Although I&rsquo;m not a gambler, the company has <a href="https://www.monarchcasino.com/corporate-overview.asp">two casinos</a> in Reno, Nevada and Blackhawk, Colorado. They seem to do pretty well.&nbsp;



Atlantis Casino Resort Spa in Reno has 61,000 square feet of casino space, 824 rooms and a 30,000-square-foot spa.&nbsp;




&ldquo;The casino features approximately 1,200 slot and video poker machines; approximately 38 table games, including blackjack, craps, roulette and others; a race and sports book; a 24-hour live keno lounge and a poker room,&rdquo; its website states.&nbsp;




Monarch Casino Resort Spa in Colorado has 64,000 square feet of casino space, 516 guest rooms and a rooftop pool and spa. The casino features over 950 slot machines and 24 table games.



The best thing about MCRI is its very healthy adjusted EBITDA (earnings before interest, taxes, depreciation) margin of <a href="https://www.monarchcasino.com/press-release/press-release-20240724.asp">34.3%</a>. In Q2 2o24, that meant an EBITDA profit of nearly $44 million on record second-quarter revenue of $128.1 million.&nbsp;



<h2>Patria Investments (PAX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/05/pax-1-300x169.jpg" alt="The website for the Paxos (PAX) crypto displayed in front of a logo background."><div>Source: Grey82 / Shutterstock.com</div></div>Patria Investments (NASDAQ:<a href="https://investorplace.com/stock-quotes/pax-stock-quote/">PAX</a>) is the largest of the small-cap stocks with a market cap of $1.98 billion. It has a net cash of $23.5 million based on a total debt of just $15.6 million against $39.1 million in cash and cash equivalents.



Patria is a leading alternative asset manager in Latin America. With over 35 years of experience, it currently has more than <a href="https://ir.patria.com/">$32 billion</a> in assets under management. The company provides its clients with private equity, infrastructure, credit, real estate, public equities and global private markets investments.


PAX stock has not done well. It is down YTD over the past year and nearly 35% over the past five years.&nbsp;


The business seems to be doing okay. In Q1 2024, it grew its fee-related earnings by over 13% to $35 million, accounting for 58% of its $60.6 million in fee revenue in the quarter, up from 56% in Q1 2023.


At the same time, it expects to raise $5 billion in capital in 2024, with about 22% already completed. Excluding acquisitions, it&rsquo;s added $5.1 billion in assets under management in the last 12 months.&nbsp;&nbsp;&nbsp;&nbsp;


Trading well off its February 2021 highs in the $20s, buying below $15 makes sense for buy-and-hold investors.


On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.<div>Will Ashworth has written about investments full-time since 2008. Publications where he&rsquo;s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/08/3-small-cap-stock-picks-with-little-or-no-debt/">3 Small-Cap Stock Picks With Little or No Debt</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Small-Cap Stock Picks With Little or No Debt

Casino and gaming stocks fall amid growing recession worries

Monarch And MGM Are Our Top Picks With Compelling P/Es Among Our 'Big Six'

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Press Releases

Procurant Technology Enhances Food Safety and Quality at Atlantis and Monarch Casinos

Monarch Casino & Resort to Report 2023 Fourth Quarter Results After Market Close on February 14

Dividends

Monarch Casino & Resort Reports 2023 Fourth Quarter Financial Results

Monarch Casino & Resort to Report 2024 FIRST Quarter Results AFTER MARKET CLOSE on APRIL 17

Monarch Casino & Resort Reports Record First Quarter 2024 Financial Results

Monarch Casino & Resort to Report 2024 Second Quarter Results After Market Close on July 24

Travel

Monarch Casino Resort Spa's "Spa Monarch" Nominated for USA Today's 10Best Readers' Choice Travel Awards

Monarch Casino & Resort Reports Record Second Quarter 2024 Financial Results

IGT Partners with Monarch Casino & Resort Inc. for Sports Betting Expansion in Nevada and Colorado

Spa Monarch jumps two spots to #2  best spa in the nation, as voted on by USA Today readers

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