Monarch Casino: 3Q Earnings Snapshot

October 30, 2019 GMT

RENO, Nev. (AP) _ Monarch Casino & Resort Inc. (MCRI) on Wednesday reported third-quarter earnings of $9.3 million.

On a per-share basis, the Reno, Nevada-based company said it had profit of 50 cents. Earnings, adjusted for non-recurring costs, came to 51 cents per share.

The casino operator posted revenue of $65.6 million in the period.

Monarch Casino shares have increased 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $43.37, a rise of 12% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCRI at https://www.zacks.com/ap/MCRI