NasdaqGS:MCRIHospitality
Monarch Casino & Resort (MCRI) Is Up 16.0% After Earnings Beat And Completed Buyback Program
Monarch Casino & Resort, Inc. reported in April 2026 that first-quarter revenue rose to US$136.55 million and net income to US$27.59 million, while also affirming a quarterly US$0.30 per-share cash dividend payable on June 15, 2026.
Alongside these results, the company completed a long-running share repurchase program that retired 10.94% of its stock for US$160.76 million, potentially amplifying the impact of its higher earnings per share.
We’ll now look at how Monarch’s stronger earnings...