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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Monarch Casino & Resort, Inc.    MCRI

MONARCH CASINO & RESORT, INC.

(MCRI)
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Monarch Casino: 2Q Earnings Snapshot

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07/22/2020 | 05:37pm EDT

RENO, Nev. (AP) _ Monarch Casino & Resort Inc. (MCRI) on Wednesday reported a second-quarter loss of $4.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Reno, Nevada-based company said it had a loss of 24 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 60 cents per share.

The casino operator posted revenue of $15.2 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $11.3 million.

Monarch Casino shares have declined 29% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $34.54, a decline of 21% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCRI at https://www.zacks.com/ap/MCRI

Automated Insights, source Associated Press News


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All news about MONARCH CASINO & RESORT, INC.
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Financials (USD)
Sales 2020 168 M - -
Net income 2020 5,52 M - -
Net Debt 2020 164 M - -
P/E ratio 2020 155x
Yield 2020 -
Capitalization 828 M 828 M -
EV / Sales 2020 5,92x
EV / Sales 2021 3,25x
Nbr of Employees 2 300
Free-Float 65,6%
Chart MONARCH CASINO & RESORT, INC.
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Monarch Casino & Resort, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends MONARCH CASINO & RESORT, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Average target price 51,50 $
Last Close Price 45,50 $
Spread / Highest target 25,3%
Spread / Average Target 13,2%
Spread / Lowest Target -1,10%
EPS Revisions
Managers
NameTitle
John Farahi Co-Chairman, Chief Executive Officer & Secretary
Bob Farahi Co-Chairman & President
David-Jacques Farahi Chief Operating Officer
Craig F. Sullivan Independent Director
Yvette E. Landau Independent Director
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