Monarch Casino Posts Q3 EPS of $1.76
MCRI sits 31% above its 52-week low of $88.13.
Summary
Monarch Casino reported third-quarter EPS of $1.76 on revenue of $146.3 million and adjusted EBITDA of $56.0 million. That is a solid print for a company with a roughly $2 billion market cap, and it comes after Q2 2026 net income of $32.5 million on $142.6 million of revenue, up 20.4%. The company carries no debt and held $138.3 million in cash as of the last quarterly report, so the earnings beat lands on an already-strong balance sheet. Margins and any buyback or dividend update are still unknown.
At the time of this announcement, MCRI was trading at $115.28 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.1B. The 52-week trading range was $88.13 to $135.93. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.