Monarch Casino & Resort (NASDAQ: MCRI) has announced that it will be unveiling its third quarter financial results on Wednesday 23rd October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
The latest projections from financial analysts on Wall Street suggest that the enterprise is likely to reveal an estimated $1.37 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $134.36 million for the period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $512.8 million. Additionally, they expect the company to post profit of $4.62 per share for the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $1.23. Notably, the company's total revenue reached an impressive $132.97 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.19 | +4.4% | 128.14 M | +3.6% |
| Q1 2024 | $0.93 | +3.3% | 121.66 M | +4.3% |
| Q4 2023 | $0.93 | -18.4% | 128.19 M | +6.3% |
| Q3 2023 | $1.23 | -12.8% | 132.97 M | -0.6% |
| Q2 2023 | $1.14 | +15.2% | 123.68 M | +7.3% |
| *Growth on year-over-year basis | ||||
Monarch Casino & Resort (MCRI) closed Monday's regular trading session at $73.83, reflecting a 2.75 percent decline. During the day, MCRI shares traded between $73.73 and $75.61, with a day volume of 79.40 thousand shares.
