Monarch Casino & Resort(MCRI)

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Monarch Casino & Resort Reports Record Third Quarter 2024 Net Revenue and Net Income
GlobeNewswire News Room· 2024-10-23 20:02
RENO, Nev., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the third quarter ended September 30, 2024, as summarized below: ($ in thousands, except per share data and percentages) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 Change 2024 2023 ChangeNet revenue$137,873 $132,965 3.7% $387,673 $373,292 3.9% Net income$27,601 $24,163 14.2% $68,558 $64,246 6.7% Adj ...
Monarch Casino & Resort to Report 2024 Third Quarter Results After Market Close on October 23
GlobeNewswire News Room· 2024-10-10 23:23
RENO, Nev., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2024 third quarter financial results after the market closes on Wednesday, October 23, 2024. About Monarch Casino & Resort, Inc. Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Monarch Casino Resort Spa ("Monarch Black Hawk") in Black Hawk, Colorado, approximately 40 miles west of Denver and the Atlantis Casino Resort Spa ("Atlantis"), a hotel/cas ...
Is Monarch Casino & Resort (MCRI) Stock Outpacing Its Consumer Discretionary Peers This Year?
ZACKS· 2024-09-05 14:41
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Monarch Casino (MCRI) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. Monarch Casino is a member of our Consumer Discretionary group, which includes 279 different companies and currently sits at #10 in the Zacks Sector ...
What Makes Monarch Casino (MCRI) a New Strong Buy Stock
ZACKS· 2024-08-22 17:00
Monarch Casino (MCRI) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following year ...
Spa Monarch jumps two spots to #2 best spa in the nation, as voted on by USA Today readers
GlobeNewswire News Room· 2024-08-21 16:15
Denver, CO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Monarch Casino Resort Spa is excited to announce that after four weeks of casting ballots, Spa Monarch has been voted on as the #2 hotel spa in the nation by USA Today readers. After a 4th place finish in the same category in 2023, Spa Monarch rose to the occasion and is celebrating a podium finish in 2024. Each year, spa experts with USA Today's 10Best Readers' Choice Awards leave no stone unturned in search of the nation's most luxurious destinations for the u ...
Are Investors Undervaluing Monarch Casino & Resort (MCRI) Right Now?
ZACKS· 2024-08-21 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics t ...
Is Monarch Casino & Resort (MCRI) Outperforming Other Consumer Discretionary Stocks This Year?
ZACKS· 2024-08-20 14:41
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Monarch Casino (MCRI) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question. Monarch Casino is one of 280 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #9 within the Zacks Sector Rank. The Zack ...
Is Monarch Casino & Resort (MCRI) Stock Undervalued Right Now?
ZACKS· 2024-08-02 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...
Monarch Casino (MCRI) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-24 22:35
Monarch Casino (MCRI) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items. What's Next for Monarch Casino? While Monarch Casino has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? It will be interesting to see how estimates for the coming quarters and current fiscal year cha ...
Monarch Casino & Resort(MCRI) - 2024 Q2 - Quarterly Results
2024-07-24 22:30
EXHIBIT 99.1 Monarch Casino & Resort Reports Record Second Quarter 2024 Financial Results Declares Cash Dividend of $0.30 per Share Payable on September 15, 2024 RENO, Nev., July 24, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) ("Monarch," "we," "our," or "the Company") today reported record financial results for the second quarter ended June 30, 2024, as summarized below: ($ in thousands, except per share data and percentages) | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...