Quarterly ResultJul 20, 2026, 05:25 PM
Monarch Q2 Net Revenue +4.2% to $142.6M; EPS $1.78
AI Summary
Monarch Casino & Resort Inc. reported record second-quarter financial results for 2026. Net revenue increased 4.2% to $142.6 million, while net income grew 20.4% to $32.5 million, and diluted EPS rose 23.6% to $1.78. The company also announced a quarterly cash dividend of $0.30 per share and highlighted its strong balance sheet, with $138.3 million in cash and no borrowings against its credit facility, enabling continued capital investments and potential M&A evaluations.
Key Highlights
- Net revenue increased 4.2% to $142.6 million in Q2 2026.
- Net income rose 20.4% to $32.5 million for Q2 2026.
- Diluted EPS grew 23.6% to $1.78 in Q2 2026.
- Adjusted EBITDA increased 3.3% to $53.0 million for Q2 2026.
- Cash and cash equivalents stood at $138.3 million as of June 30, 2026.
- Declared a quarterly cash dividend of $0.30 per share, payable September 15, 2026.
- Hotel revenue increased 13.0%, F&B revenue increased 3.1%, and Casino revenue increased 2.5%.
Price Impact
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