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MCRIBearishEarningsnews
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Monarch Casino (MCRI) Q1 Earnings and Revenues Lag Estimates

Apr 17, 2024, 6:16 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Monarch Casino reported earnings of $0.93 per share, missing estimates of $0.98 per share. - Company's revenue of $121.66 million missed estimates by 0.39%. - Stock has underperformed S&P 500, but future performance depends on earnings outlook. - Zacks Rank for Monarch Casino is #3 (Hold) with mixed estimate revisions. - Industry outlook can impact stock performance; Gaming ranks in bottom 29% of Zacks industries. Price Impact Rating: Bearish Impact Horizon Rating: Long-term Type: Earnings

  • Monarch Casino reported earnings of $0.93 per share, missing estimates of $0.98 per share.
  • Company's revenue of $121.66 million missed estimates by 0.39%.
  • Stock has underperformed S&P 500, but future performance depends on earnings outlook.
  • Zacks Rank for Monarch Casino is #3 (Hold) with mixed estimate revisions.
  • Industry outlook can impact stock performance; Gaming ranks in bottom 29% of Zacks industries.

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