Analysts on Wall Street project that Monarch Casino (MCRI) will announce quarterly earnings of $1.22 per share in its forthcoming report, representing an increase of 2.5% year over year. Revenues are projected to reach $130.37 million, increasing 1.7% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead ...

Company Overview - Monarch Casino & Resort, Inc. operates two main properties: Monarch Casino Resort Spa in Black Hawk, Colorado, and Atlantis Casino Resort Spa in Reno, Nevada [2] - The Monarch Black Hawk features 516 guest rooms and suites, approximately 60,000 square feet of casino space, and offers around 1,000 slot machines and 43 table games [3] - Atlantis Casino Resort Spa includes 817 guest rooms and suites, approximately 61,000 square feet of casino space, with about 1,200 slot and video poker machines and 33 table games [4] Upcoming Financial Results - The company will release its 2025 second quarter financial results after the market closes on July 16, 2025 [1]

Group 1 - The company specializes in analyzing restaurant stocks in the U.S. market, covering various segments such as QSR, fast casual, casual dining, fine dining, and family dining [1] - Advanced analytical models and specialized valuation techniques are employed to provide detailed insights and actionable strategies for investors [1] - The founder actively engages in academic and journalistic initiatives, contributing to institutions that promote individual and economic freedom [1] Group 2 - The company has no stock, option, or similar derivative position in any of the companies mentioned, nor plans to initiate any such positions within the next 72 hours [2] - The article expresses the author's own opinions and is not receiving compensation from any company mentioned [2] - Seeking Alpha clarifies that past performance is not a guarantee of future results and that no investment recommendations are being made [3]

Company Overview - Monarch, a personal finance startup, has raised $75 million to enhance subscriber growth following the shutdown of budgeting tool Mint [1] - The company is valued at $850 million after this funding round, which is one of the largest for an American consumer fintech startup this year [1] Product and Market Position - Monarch aims to provide an all-in-one mobile app for tracking spending, investments, and financial goals, filling the gap left by Mint [2] - The personal finance management space has seen limited innovation since the late 90s, with Monarch seeking to modernize how American families manage their finances [3] Subscriber Growth - Following the announcement of Mint's closure, Monarch experienced a 20-fold increase in its subscriber base as users looked for alternatives [3] - Unlike Mint, which was free, Monarch operates on a subscription model, allowing it to avoid reliance on advertising and data sales [4]

Financial Performance - For the three months ended March 31, 2025, net income totaled $19.9 million, reflecting an 8.7% increase compared to $18.3 million in the same period in 2024[104] - Net revenues for the same period increased by $3.7 million, or 3.1%, totaling $125.4 million compared to the prior year[104] - Casino revenue increased by 5.0% in Q1 2025, driven by a continued increase in market share[105] - Food and beverage revenue decreased by 0.5% due to a 0.7% decrease in covers, while revenue per cover increased by 0.2%[106] - Hotel revenue decreased by 0.4%, with an average daily rate (ADR) increase of $10.83, and occupancy rate rising to 80.9%[107] - Other revenue increased by 9.2%, primarily due to higher spa and commission revenues[108] Expenses and Cash Flow - SG&A expense increased to $27.2 million, but as a percentage of net revenue, it decreased to 21.7% from 22.3%[109] - Net cash provided by operating activities was $36.5 million, a decrease from $38.3 million in the same prior year period[114] - Cash paid for capital expenditures totaled $16.0 million in Q1 2025, down from $17.9 million in Q1 2024[112] Financing Activities - Net cash used in financing activities totaled $4.1 million, consisting of $5.5 million for dividends, partially offset by $1.4 million from stock options exercise[116] - The Company entered into an Amended Credit Facility of $100.0 million, extending the maturity date to January 1, 2028[117] - As of March 31, 2025, the Company had no outstanding principal balance under the Amended Credit Facility, with $99.4 million available for borrowing[118] Financial Ratios and Risk Management - The Total Leverage Ratio was 0.0:1.0 and the Fixed Charge Coverage Ratio was 49.2:1.0 as of March 31, 2025, exceeding the required ratios[119] - The interest rate under the Amended Credit Facility is SOFR plus a margin of 1.25% or a base rate plus a margin of 0.25% per annum[121] - The Company anticipates that operating cash flows will be sufficient to sustain operations for the next twelve months, but acknowledges potential risks that could impact cash flow[122] - The Company has not entered into derivative financial instruments for trading or speculative purposes, indicating a conservative approach to market risk[127] - As of March 31, 2025, the Company had no cash or cash equivalents subject to market risk[128]

Top-ranked property boasts brand new hotel rooms and suites Atlantis Concierge Tower Room Atlantis Concierge Tower Room RENO, Nev., April 29, 2025 (GLOBE NEWSWIRE) -- Atlantis Casino Resort Spa has been named the No. 1 hotel in Reno by U.S. News & World Report, the global authority in rankings and consumer advice. The publication evaluated more than 31,000 properties across the United States, Europe, Bermuda, Mexico, Canada and the Caribbean for its 15th annual rankings. U.S. News is the only organizatio ...

Monarch Casino (MCRI) reported $125.39 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 3.1%. EPS of $1.05 for the same period compares to $0.93 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $123.27 million, representing a surprise of +1.73%. The company delivered an EPS surprise of +0.96%, with the consensus EPS estimate being $1.04.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...

Monarch Casino (MCRI) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.96%. A quarter ago, it was expected that this casino operator would post earnings of $1.15 per share when it actually produced earnings of $1.36, delivering a surprise of 18.26%.Over the last four quarters, the co ...

Financial Performance - Net revenue for Q1 2025 reached a record $125.4 million, up 3.1% from $121.7 million in Q1 2024[1][4] - Net income increased by 8.7% to $19.9 million, with diluted EPS rising 12.9% to $1.05 compared to $0.93 in the prior year[1][6] - Adjusted EBITDA for Q1 2025 was $41.1 million, reflecting a 6.7% increase from $38.5 million in Q1 2024[1][6] - Casino revenue grew by 5.0% year-over-year, while food and beverage and hotel revenues decreased by 0.5% and 0.4%, respectively[4] - The operating margin improved by 110 basis points to a record 32.8% in Q1 2025[2] Expenses and Efficiency - SG&A expenses as a percentage of net revenue decreased to 21.7% from 22.3% in the prior year, indicating improved operational efficiency[5] - The company reported stock-based compensation expenses of $2,127 thousand for Q1 2025, compared to $1,778 thousand in Q1 2024, an increase of about 19.6%[21] - The provision for income taxes was $5,770 thousand for Q1 2025, slightly higher than $5,542 thousand in Q1 2024, indicating an increase of approximately 4.1%[21] Capital Expenditures and Investments - Capital expenditures for Q1 2025 totaled $16 million, funded from operating cash flow, including ongoing upgrades at Atlantis[7] - Approximately $100 million in capital investments are nearing completion for the redesign and upgrade of hotel rooms at Atlantis[3] - Monarch is evaluating potential M&A transactions to drive long-term value for shareholders[8] Assets and Liabilities - Total assets increased to $712,086 thousand as of March 31, 2025, up from $691,583 thousand at December 31, 2024, representing a growth of approximately 2.2%[19] - Total current assets rose to $103,311 thousand as of March 31, 2025, compared to $90,422 thousand at the end of 2024, marking an increase of around 14.2%[19] - Total liabilities increased slightly to $176,451 thousand as of March 31, 2025, from $173,835 thousand at December 31, 2024, a change of about 0.9%[19] - Retained earnings grew to $532,676 thousand as of March 31, 2025, up from $518,350 thousand at the end of 2024, representing an increase of approximately 2.8%[19] - Cash and cash equivalents increased to $75,090 thousand as of March 31, 2025, compared to $58,760 thousand at December 31, 2024, a significant rise of about 27.8%[19] - Accounts payable decreased to $38,803 thousand as of March 31, 2025, down from $41,243 thousand at the end of 2024, reflecting a decline of approximately 5.9%[19] Dividends - The company declared a cash dividend of $0.30 per share, payable on June 15, 2025, as part of an annual dividend of $1.20 per share[8][9]

Core Viewpoint - Monarch Casino & Resort, Inc. is set to release its first quarter financial results for 2025 on April 22, 2025, after market close [1] Company Overview - Monarch Casino & Resort, Inc. operates two main properties: Monarch Casino Resort Spa in Black Hawk, Colorado, and Atlantis Casino Resort Spa in Reno, Nevada [2] - Monarch Black Hawk features 516 guest rooms, approximately 60,000 square feet of casino space, 1,000 slot machines, 43 table games, and various dining and entertainment options [3] - Atlantis Casino Resort Spa includes 817 guest rooms, around 61,000 square feet of casino space, 1,200 slot and video poker machines, and a variety of food outlets and recreational facilities [4]