MONARCH CASINO & RESORT INC reported second-quarter 2026 results with revenue of $142.6M and diluted EPS of $1.78, driven by higher visitation and gaming volume that boosted net income to $32.52M versus $27.01M a year earlier.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$142.6M$136.91M4.2% | Net income²$32.52M$27.01M20.4% | Diluted EPS³$1.78$1.4423.6% |
¹ Reported as “Net revenues”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share of common stock”.
Business Highlights
- Revenue growth: Net revenue rose about 6.4% year-to-date and 4.2% in the quarter, supported by higher visitation and gaming volume.
- Channel mix shift: Casino and hotel operations led growth, with hotel RevPAR and occupancy improving versus the prior year.
- Brand momentum: Expansion at Monarch Black Hawk and upgrades at Atlantis are drawing higher-value guest demand.
- Operational efficiency: Casino and hotel expense margins improved from labor and operational efficiencies.
- Cost pressures: Food & beverage margins declined due to higher labor and product costs despite revenue per cover gains.
Original SEC Filing:
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