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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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