earnings
confidence high
sentiment positive
materiality 0.65
Monarch Casino reports record Q4 2024 revenue $134.5M; net income up 40% YoY; declares $0.30 dividend
MONARCH CASINO & RESORT INC
2024-FY EPS reported
$3.84
revenue$522,186,000
- Q4 net revenue $134.5M (+4.9% YoY); casino revenue +6.0%, hotel revenue +8.3%.
- Q4 net income $25.5M (+40.1% YoY); diluted EPS $1.36 vs $0.93, benefiting from lower tax rate and litigation costs.
- Q4 Adjusted EBITDA $47.3M (+9.9% YoY); margin 35.1% (record for a Q4).
- Full-year 2024 net revenue $522.2M (+4.1%); net income $94.1M (+14.1%); diluted EPS $4.96.
- Declared $0.30/share quarterly dividend, payable March 15, 2025 to holders of record March 1, 2025.