Monarch Casino & ResortNASDAQ: MCRI

Monarch Casino's first-quarter revenue was boosted by the strong performance of Monarch Black Hawk.

Although the financial results for Monarch Casino (MCRI) in the quarter ending March 2024 provide an overview of the company's performance, it may be beneficial to examine how certain important indicators stack up against analyst predictions and previous year's figures.

Monarch Casino (MCRI) reported quarterly earnings of $0.93 per share, which fell short of the Zacks Consensus Estimate of $0.98 per share. This is an increase from earnings of $0.90 per share in the same quarter last year.

Monarch Casino & Resort's (MCRI) first-quarter financial results are expected to show strong growth in both the Casino and Food and Beverage segments.

Look beyond analysts' estimates for Monarch Casino (MCRI) to consider projections for key metrics in order to better understand the company's performance in the first quarter of 2024.

Monarch Casino & Resort, Inc. (NASDAQ: MCRI) stated today that it plans to disclose its financial results for the first quarter of 2024 after the market closes on Wednesday, April 17, 2024.

Monarch Casino & Resort provides gaming, hotel, and hospitality services in the USA through its Atlantis Casino Resort Spa and Black Hawk Resort Spa. Atlantis Casino Resort Spa has the highest payout rates in Northern Nevada, ensuring robust demand. Monarch has expansion plans for its Nevada unit and aims to target the thriving market in the Denver metropolitan area.

Monarch Casino's (MCRI) fourth-quarter top line reflects strong contributions from Casino and food and beverage.

Although the revenue and EPS for Monarch Casino (MCRI) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.