Monarch Casino & Resort, Inc disclosed disappointing third-quarter 2023 outcomes, with profits and incomes falling short of the Zacks Consensus Estimate. In the reviewed quarter, the company unveiled revised earnings per share (EPS) of $1.38, failing to meet the Zacks Consensus Estimate of $1.46. During the same period last year, it achieved a revised EPS of $1.41. Quarterly incomes of $133 million deviated from the consensus estimate by 1.7%. In the corresponding quarter of the previous year, the company recorded incomes of $133.7 million. The company's performance in the quarter was impacted by intense competition in Reno and the overall economic circumstances.
