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Monarch Casino & Resort Inc. tops Wall Street expectations

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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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