RENO, Nev. (AP) — RENO, Nev. (AP) — Monarch Casino & Resort Inc. (MCRI) on Wednesday reported third-quarter earnings of $27.6 million.
Monarch owns Monarch Casino Resort Spa ) in Black Hawk, Colo,., and the Atlantis Casino Resort Spa in Reno.
On a per-share basis, the Reno, Nevada-based company said it had net income of $1.47.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
The casino operator posted revenue of $137.9 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $134.5 million.
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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
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