Recap: Monarch Casino & Resort Q1 Earnings

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.

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.

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.

Earnings Calendar