Monarch Casino's (MCRI) Q1 Earnings & Revenues Lag Estimates

Monarch Casino & Resort, Inc. (MCRI) reported first-quarter 2024 results, wherein both earnings and revenues missed their respective Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis. During the quarter, Monarch Black Hawk demonstrated revenue growth across its business segments and expanded its adjusted EBITDA margin. The property's market share continued to increase, backed by high-quality products and operational excellence.The company highlighted strategic investment ...