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Monarch Casino (MCRI) Q2 Earnings and Revenues Beat Estimates

Monarch Casino (MCRI) came out with quarterly earnings of 1.44pershare,beatingtheZacksConsensusEstimateof1.44 per share, beating the Zacks Consensus Estimate of 1.22 per share. This compares to earnings of 1.19pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+18.031.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.03%. A quarter ago, it was expected that this casino operator would post earnings of 1.04 per share when it actually produced earnings of $1.05, delivering a surprise of +0.96%.Over the last four quarters, the ...