Monarch Casino & Resort Q2 2024 GAAP EPS $1.19 Beats $1.11 Estimate, Sales $128.143M Beat $126.307M Estimate
Portfolio Pulse from Benzinga Newsdesk
Monarch Casino & Resort (NASDAQ:MCRI) reported Q2 2024 earnings per share (EPS) of $1.19, surpassing the analyst estimate of $1.11 by 7.21%. The company also reported sales of $128.143 million, beating the estimate of $126.307 million by 1.45%. This marks a 3.61% increase from the same period last year.
July 24, 2024 | 8:40 pm
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Monarch Casino & Resort (NASDAQ:MCRI) reported Q2 2024 EPS of $1.19, beating the estimate of $1.11 by 7.21%. Sales were $128.143 million, exceeding the estimate of $126.307 million by 1.45%. This represents a 3.61% increase from the same period last year.
The company's better-than-expected EPS and sales figures, along with a year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100