Monarch Casino & Resort Q1 Earnings, Revenue Increase-March 2024-www.financetom.com

Monarch Casino & Resort Q1 Earnings, Revenue Increase

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Monarch Casino & Resort Q1 Earnings, Revenue Increase

Apr 17, 2024 1:43 PM

04:26 PM EDT, 04/17/2024 (MT Newswires) -- Monarch Casino & Resort ( MCRI ) reported Q1 earnings late Wednesday of $0.93 per diluted share, up from $0.90 a year earlier.

Four analysts polled by Capital IQ expected $0.96.

Revenue for the quarter ended March 31 was $121.7 million, up from $116.6 million a year earlier.

Four analysts surveyed by Capital IQ expected $122.3 million.

The company maintained its quarterly cash dividend at $0.30 per share, payable June 15 to shareholders of record on June 1.

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