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Stock impact report

Monarch Casino's (MCRI) Q4 Earnings Miss Estimates, Fall Y/Y [Yahoo! Finance]

Monarch Casino & Resort, Inc. (MCRI) 
Last monarch casino & resort, inc. earnings: 4/22 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: monarchblackhawk.com
Company Research Source: Yahoo! Finance
The top line increased year over year, while the bottom line declined from the prior-year quarter's figure. During the quarter, the company reported staffing challenges due to Colorado's low unemployment rate and the competitive wage rates in Denver. Also, it stated obstacles from the expanding California tribal gaming market and a highly-competitive promotional environment at the Atlantis in Reno. Despite these factors and ongoing construction disruptions, the company managed to boost its market share in the fourth quarter of 2023. Q4 Earnings & Revenues In the quarter under review, the company reported adjusted earnings per share (EPS) of 93 cents, missing the Zacks Consensus Estimate of $1.04. In the year-ago quarter, it generated an adjusted EPS of $1.14. Monarch Casino & Resort, Inc. Price, Consensus and EPS Surprise Monarch Casino & Resort, Inc. price-consensus-eps-surprise-chart | Monarch Casino & Resort, Inc. Quote Quarterly revenues of $128.2 million beat the cons Show less Read more
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