MCRI News and Press, Monarch Casino & Resort Inc. From 04/21/22

Jefferies cut its rating on Monarch Casino & Resort (NASDAQ:MCRI) to Hold from Buy in a call tied to valuation following the strong year-to-date rally. Analyst David Katz said a comparative valuation level on MCRI of >10X EBITDA is pricing in growth appropriately and early signs of eco...

Monarch Casino & Resort press release (NASDAQ:MCRI): Q1 GAAP EPS of $0.92 beats by $0.01. Revenue of $108.32M (+44.5% Y/Y) beats by $1.47M. CEO comment: “As we look to the balance of 2022, we intend to build on our strong operating performance in the first quarter, which traditiona...

RENO, Nev., April 20, 2022 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch,” “we,” “our,” or “the Company”) today reported record operating results for the first quarter ended March 31, 2022, as summarize...

Integrated resort facilities operator Melco Resorts & Entertainment has been making operational and business progress, but it could still suffer from any renewed travel restrictions. So, let’s find out if it is wise to add the stock to one’s portfolio now. Melco Resorts...

Wynn Resorts (WYNN) reported double-digit revenue growth in its recent quarterly release. However, its bottom-line performance failed to impress investors. So, let's evaluate if it is wise to bet on the stock now, given that the industry continues to struggle from pandemic-led disruptions. Re...

Lottery.com Inc (NASDAQ:LTRY) is a technology company that is transforming how, where, and when the lottery is played. Its engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games....

With the latest read on consumer prices showing the highest pace of inflation in four decades and a top Federal Reserve official signaling an aggressive push to raise interest rates, Wall Street suffered a notable sell-off on Thursday. Both the Nasdaq and the S&P 500 finished the session ...

Monarch Casino & Resort press release (NASDAQ:MCRI): Q4 GAAP EPS of -$1.02 misses by $1.92. Revenue of $111.06M (+90.3% Y/Y) beats by $12.6M. Shares +1.84%. For further details see: Monarch Casino & Resort GAAP EPS of -$1.02 misses by $1.92, revenue of $111.06M beats by $12....

RENO, Nev., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported record operating results for the fourth quarter and full year ended December 31, 2021, as summarized below: ($ in th...

In addition to their budding online gambling divisions, brick-and-mortar casinos and other gaming outlets have lately been witnessing increasing foot traffic and generating significant revenues. And some lesser-known casino stocks, such as Golden Entertainment (GDEN), Monarch Casino & Res...