Isle of Capri Casinos Beats in Q4 – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/20941/Isle+of+Capri+Casinos+Beats+in+Q4+-+Zacks+Tale+of+the+TapePosted on Wednesday, June 10th, 2009 | In Market Commentary, Stocks to Watch
Isle of Capri Casinos (ISLE) reported adjusted fiscal fourth-quarter profit today that bettered analysts’ expectations, sending shares higher by 1.35%.
The casino operator earned 15 cents per share, excluding items, compared with the consensus’ loss estimate of 2 cents.
Sales dipped 2% to $287.2 million.
Isle’s income from continuing operations for the year stood at $59.4 million, or $1.89 per share. Revenue was flat at $1.12 billion.
For the fiscal year ending April 2010, the consensus estimate is currently pegged at a loss of 25 cents per share.
Isle of Capri Casinos, a Zacks #2 Rank (”Buy”) company, is trading on abnormally high volume of 1.3 million shares, against the daily average of 458,940.
“ISLE” Free Stock Analysis: Buy? Sell? Hold?
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