Monarch Casino: Q2 Earnings Snapshot

RENO, Nev. (AP) _ Monarch Casino & Resort Inc. (MCRI) on Wednesday reported second-quarter net income of $18.1 million, after reporting a loss in the same period a year earlier.

The Reno, Nevada-based company said it had net income of 93 cents per share.

The casino operator posted revenue of $97.7 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $79.4 million.

Monarch Casino shares have risen almost 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $62.21, a climb of 77% 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

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Full House Q2 revenue down as construction disruption continues Monday 8 August 2022 - 8:03 am Nevada-based casino operator Full House reported a 6.3% Q2 decline in revenues from $47.4m to $44.4m compared to the same period last year as Covid-era ...

Full House Q2 revenue down as construction disruption continues
Monday 8 August 2022 - 8:03 am


Nevada-based casino operator Full House reported a 6.3% Q2 decline in revenues from $47.4m to $44.4m compared to the same period last year as Covid-era ...