Examining the Future: Monarch Casino & Resort's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Monarch Casino & Resort (NASDAQ:MCRI) is set to release its quarterly earnings report on October 23, 2024. Analysts expect an EPS of $1.37. The company's past performance shows a positive trend, with a notable EPS beat last quarter leading to an 11.25% share price increase. The stock is currently rated Neutral by analysts, with a slight upside potential. Monarch Casino & Resort has strong financial metrics, including a high net margin and return on equity, but lags in revenue growth compared to peers.
October 22, 2024 | 8:02 pm
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Monarch Casino & Resort is expected to report an EPS of $1.37. The company's past performance shows positive trends, with a significant EPS beat last quarter leading to a share price increase. Analysts rate the stock as Neutral with a slight upside potential.
The upcoming earnings report is a significant event for Monarch Casino & Resort, with analysts expecting an EPS of $1.37. The company's history of EPS beats and subsequent stock price increases suggests a positive short-term impact if expectations are met or exceeded. The Neutral rating and slight upside potential indicate moderate investor confidence.
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