Monarch Casino & Resort Inc. (MCRI) reported second-quarter net income of $2.8 million or $0.16 per share, compared to $6.9 million or $0.36 per share in the same quarter last year.
On average, seven analysts polled by First Call/Thomson Financial expected the company to earn $0.19 per share for the second quarter.
Gross revenues for the quarter decreased to $41.9 million from $48.1million in the prior year quarter. Analysts expected the company to report revenue of $37.99 million for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.