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X @Forbes
Forbes· 2025-07-18 10:00
Las Vegas Sands Doubles Down On Singapore Bet With $8 Billion Hotel Complex https://t.co/llKNl2CCEI https://t.co/llKNl2CCEI ...
Monarch Casino (MCRI) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-07-17 17:01
Monarch Casino (MCRI) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power ...
Golden Entertainment: Downgrade Misses The Forest For The Trees
Seeking Alpha· 2025-07-17 10:08
Last month, I began covering Golden Entertainment (NASDAQ: GDEN ), a small operator of casinos and taverns in Las Vegas, Laughlin, and Pahrump. You probably know it for its Stratosphere Las Vegas property (affectionately nicknamed The STRAT) and its incredible views ofAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinio ...
Compared to Estimates, Monarch Casino (MCRI) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-07-16 22:31
Financial Performance - Monarch Casino reported revenue of $136.91 million for the quarter ended June 2025, reflecting a year-over-year increase of 6.9% [1] - Earnings per share (EPS) for the quarter was $1.44, up from $1.19 in the same quarter last year, indicating a significant improvement [1] - The reported revenue exceeded the Zacks Consensus Estimate of $130.37 million by 5.02%, while the EPS surpassed the consensus estimate of $1.22 by 18.03% [1] Revenue Breakdown - Other revenues amounted to $6.02 million, exceeding the average estimate of $5.37 million by analysts, with a year-over-year increase of 7.7% [4] - Hotel revenues were reported at $19.11 million, slightly above the average estimate of $18.4 million, but showed a decline of 3.2% year-over-year [4] - Food and beverage revenues reached $32.19 million, in line with the average estimate of $32.2 million, representing a modest increase of 1.1% compared to the previous year [4] - Casino revenues were reported at $79.59 million, significantly higher than the estimated $74.47 million, marking a robust year-over-year increase of 12.1% [4] Stock Performance - Over the past month, shares of Monarch Casino have returned +2.7%, while the Zacks S&P 500 composite has increased by +4.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Monarch Casino & Resort Reports Record Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-07-16 20:02
RENO, Nev., July 16, 2025 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the second quarter ended June 30, 2025, as summarized below: ($ in thousands, except per share data and percentages)  Three Months Ended June 30, Six Months Ended June 30,  2025   2024  Increase  2025   2024  IncreaseNet revenue$136,914  $128,143  6.8% $262,308  $249,800  5.0%            Net income 27,008   22,682  19.1%  46,872   40,957  14.4%          ...
Boyd (BYD) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-07-16 17:01
Core Viewpoint - Boyd Gaming (BYD) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - Boyd is projected to earn $6.58 per share for the fiscal year ending December 2025, with no year-over-year change, but the Zacks Consensus Estimate has increased by 2.2% over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - Boyd's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].
Full House Resorts Announces Promotion of Lewis Fanger to President
Globenewswire· 2025-07-15 20:05
Company Leadership Changes - Full House Resorts, Inc. has promoted Lewis Fanger to President, Chief Financial Officer, and Treasurer, effective July 11, 2025 [1] - The title of President was previously held by Daniel Lee, who is the Company's Chief Executive Officer [1] Company Growth and Development - Under the leadership of Daniel Lee, Full House Resorts has transformed from a small regional casino operator to one of the fastest-growing companies in the industry over the past ten years [2] - Lewis Fanger's financial leadership has been instrumental in the company's growth, enabling improvements in existing assets and expansions through new developments such as American Place and Chamonix [2] Company Overview - Full House Resorts owns, leases, develops, and operates gaming facilities across the United States, including properties like American Place in Illinois, Silver Slipper Casino in Mississippi, and Chamonix Casino Hotel in Colorado [4]
X @Bloomberg
Bloomberg· 2025-07-15 12:12
Las Vegas Sands is targeting Southeast Asia’s young and wealthy as it kicks off an ambitious $8 billion expansion of its luxury resort in Singapore https://t.co/Ioo49Su2e2 ...
Monarch Casino Resort Spa’s “Spa Monarch” Nominated for USA Today's 10Best Readers' Choice Travel Awards
Globenewswire· 2025-07-14 18:27
Colorado’s premier gaming resort destination earns national recognition once again in USA TODAY 10Best Awards Spa Monarch Aqua Spa A soothing jetted spa to refresh and relax tired muscles, while offering stunning mountain views. QR code to vote for Spa Monarch This QR code will take you to a landing page allowing you to vote for Spa Monarch for USA TODAY's 10Best awards for Best Hotel Spa. Denver, CO, July 14, 2025 (GLOBE NEWSWIRE) -- For the third consecutive year, Spa Monarch has been nominated as ...
3 Bargain Stocks the Market Is Sleeping on Right Now
MarketBeat· 2025-07-14 15:33
It’s been a while since investors have been able to buy off the discount rack, but the sudden reversal in U.S. markets over the last quarter has left analysts scrambling to update their earnings projections and year-end index targets. While the usual tech sector suspects have led the rally, the S&P 500 and the NASDAQ Composite have both made new all-time highs this month, and surges in speculative assets like Bitcoin indicate that risk-takers are once again whetting their appetites. However, the macroeconom ...