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Bank of America thinks regional casino stocks could see a big quarter as older gamblers return after the pandemic break. The firm notes that regional demand underperformed in January and February due to COVID cases/restrictions, weather and a tough calendar, but says early March data has been...
Monarch Casino & Resort (MCRI): Q4 GAAP EPS of $0.80 beats by $0.26.Revenue of $58.37M (-6.0% Y/Y) misses by $2.44M.Shares -1% AH.Press Release For further details see: Monarch Casino & Resort EPS beats by $0.26, misses on revenue
RENO, Nev., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the fourth quarter and full year ended December 31, 2020, as summarized below: ($ in thousands...
We have guided bullish on MCRI for over 4 years beginning with our SA call on November 22, 2016 when the stock was $24. In five follow-up articles since, we've guided strong BUY as stock has moved to $57.40 at writing. There's more ramp ahead as the strategic focus on population p...
BLACK HAWK, Colo., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or “the Company”) today expressed their gratitude to the voters of Black Hawk and the Black Hawk City Council for their support of the November 2020 p...
BLACK HAWK, Colo., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or “the Company”) announced today that it has received a Temporary Certificate of Occupancy (TCO) from the City of Black Hawk for floors 1-13 of its n...
Casino stocks are lower as more local governments set social gathering restrictions due to COVID-19 case growth, and in some cases, hospitalization rates due to the virus near capacity. More color on a realistic timeline for when a vaccine can be broadly distributed has also swept some of the...
Casino and leisure stocks are extending on their early gains after Pfizer announced a 90% efficacy rate with its COVID-19 vaccine in early testing. Notable gainers include Playa Hotels (PLYA) up 28.05% and a sizzling 25.05% jump for Wynn Resorts (WYNN), which could also be tied in part to the...
RENO, Nev., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported operating results for the third quarter ended September 30, 2020, as summarized below: ($ in thousands, except per s...
We like the DNA family culture of RRR, which like Boyd and Eldorado has proven over time highly adept at infusing strong customer service ethos. The company's 2Q20 results continue to be heavily impacted by the pandemic but its solvency is solid for beyond worst-case duration. Its...
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Denver, CO, July 15, 2024 (GLOBE NEWSWIRE) -- Monarch Casino Resort Spa proudly announces its luxurious Spa Monarch has been nominated for USA Today’s 2024 10Best Readers’ Choice Travel Awards in the Best Hotel Spa category for the second consecutive year. This prestigious recog...
RENO, Nev., July 12, 2024 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2024 second quarter financial results after the market closes on Wednesday, July 24, 2024. About Monarch Casino & Resort, Inc. Monarch Casino &am...
2024-06-01 12:06:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...