Key Highlights

  • Consensus EPS of 1.86 compares with diluted EPS of 1.78 reported for the second quarter, against 1.44 a year earlier.
  • Consensus revenue of USD 147.93 million compares with net revenues of USD 142,597 thousand reported for the second quarter.
  • Hotel revenue rose 13.0% as occupancy reached 83.7% against 79.6% and average daily rate rose USD 7.01 to USD 196.43.
  • Casino revenue rose 2.5% on visitation and gaming volume, while food and beverage revenue rose 3.1%.

Monarch Casino & Resort (NASDAQ:MCRI) reports third-quarter results on Tuesday, Oct. 27, after the market closes. Consensus stands at EPS of 1.86 on revenue of USD 147.93 million, and the company has a market capitalization of USD 2.08 billion.

Monarch Casino & Resort operates casino properties, including Monarch Black Hawk, and reports casino, food and beverage, hotel and other revenue. In the second quarter, it reported net revenues of USD 142,597 thousand against USD 136,914 thousand and net income of USD 32,523 thousand against USD 27,008 thousand.

Estimates Against the Last Reported Quarter

The revenue estimate of USD 147.93 million is above the USD 142,597 thousand of net revenues reported for the second quarter. The EPS estimate of 1.86 is above the diluted EPS of 1.78 reported, which compared with 1.44 a year earlier.

Income before taxes was USD 39,365 thousand against USD 35,291 thousand, and basic EPS was 1.82 against 1.47. For the six months, net revenues were USD 279,147 thousand against USD 262,308 thousand.

Casino, Food and Beverage, and Hotel Lines

Casino revenue rose 2.5%, which the filing ties primarily to continued increases in visitation and gaming volume. Casino operating expense as a percentage of casino revenue was 35.5% against 35.7%.

Food and beverage revenue rose 3.1%, with a 2.0% increase in revenue per cover and a 1.1% increase in covers. Hotel revenue rose 13.0%, as occupancy was 83.7% against 79.6% on improved convention group business, and average daily rate rose USD 7.01 to USD 196.43.

Other revenue rose 4.5%, which the filing ties primarily to higher commission revenues at both properties and spa revenue at Monarch Black Hawk.

Operating Expenses by Department

Casino operating expense was USD 28,920 thousand against USD 28,449 thousand, and food and beverage expense was USD 24,182 thousand against USD 22,636 thousand. Hotel expense was USD 6,920 thousand against USD 6,556 thousand, and other expense was USD 3,133 thousand against USD 3,073 thousand.

Selling, general and administrative expense was USD 28,564 thousand. Gross profit was USD 38,623 thousand against USD 34,899 thousand.

The estimates table lists a market capitalization of USD 2.08 billion.

Total operating expenses were USD 103,974 thousand against USD 102,015 thousand, and depreciation and amortization was USD 10,664 thousand against USD 13,571 thousand. Other operating items, net, were USD 1,591 thousand against USD 944 thousand.

At June 30, 2026, cash and cash equivalents were USD 138,261 thousand against USD 96,468 thousand at the prior year-end, and total assets were USD 741,161 thousand against USD 712,849 thousand.

Items to Track in the Report

Diluted EPS against 1.86 and revenue against USD 147.93 million are the headline comparisons. Other markers are casino revenue growth against 2.5%, hotel occupancy against 83.7%, average daily rate and food and beverage expense.