Monarch Casino (MCRI) Q1 Earnings and Revenues Lag Estimates

Monarch Casino (MCRI) came out with quarterly earnings of $0.93 per share, missing the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.10%. A quarter ago, it was expected that this casino operator would post earnings of $1.04 per share when it actually produced earnings of $0.93, delivering a surprise of -10.58%.Over the last four quarters, the ...