Monarch Casino & Resort Inc. tops Wall Street expectations
Regulation · 2024-10-24
Monarch Casino & Resort Inc. tops Wall Street expectations
RENO, Nev. (AP) — Monarch Casino & Resort Inc. on Wednesday reported third-quarter earnings of $27.6 million.
Monarch owns Monarch Casino Resort Spa in Black Hawk, Colorado, and the Atlantis Casino Resort Spa in Reno, Nevada.
On a per-share basis, the Reno-based company said it had net income of $1.47.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
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