Luxury casino and resort operator Monarch (NASDAQ:MCRI) will be reporting earnings tomorrow afternoon. Here’s what you need to know.

Monarch beat analysts’ revenue expectations by 4.4% last quarter, reporting revenues of $134.5 million, up 4.9% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EPS estimates and a solid beat of analysts’ adjusted operating income estimates.

Is Monarch a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Monarch’s revenue to be flat year on year at $122.8 million, slowing from the 4.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Monarch has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Monarch’s peers in the consumer discretionary segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Nike’s revenues decreased 9.3% year on year, beating analysts’ expectations by 2.3%, and Levi's reported revenues up 3.1%, falling short of estimates by 0.8%. Nike traded down 5.4% following the results, while Levi's was also down 8.2%.

Read our full analysis of Nike’s results here and Levi’s results here.

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