Isle Of Capri Casinos Posts Q2 Loss From Cont. Ops. - Quick Facts

(RTTNews) - Isle of Capri Casinos, Inc. (ISLE) reported a second-quarter loss from continuing operations of $1.0 million, compared to profit of $6.3 million, a year ago. Loss per share from continuing operations was $0.03, compared to profit of $0.16, prior year. Adjusted profit per share from continuing operations was $0.02 for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report a loss per share of $0.04 for the quarter. Analysts' estimates typically exclude special items.

Consolidated Adjusted EBITDA increased 17.1% to $43.6 million from $37.3 million in the prior year quarter.

Net revenues increased to $238.9 million from $231.6 million, last year. Analysts expected revenue of $232.91 million for the quarter.