Isle of Capri Casinos Earnings: Everything You Must Know Now

Isle of Capri Casinos Inc. (NASDAQ:ISLE) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

These stocks are hitting our Profit Targets. Click here now to discover winning stocks!

Isle of Capri Casinos Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $-0.03 in the quarter versus EPS of $-0.03 in the year-earlier quarter.

Revenue: Decreased 1.71% to $238.1 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Isle of Capri Casinos Inc. reported adjusted EPS loss of $0.03 per share. By that measure, the company missed the mean analyst estimate of $-0.02. It missed the average revenue estimate of $241.46 million.

Quoting Management: President and CEO Virginia McDowell said in a statement that the company’s new property in Cape Girardeau, which opened Oct. 30, has been “extremely well received by customers.” Isle’s net revenue from Missouri properties increased 30 percent to $59.2 million mostly as a result of opening the Cape Girardeau property, company officials reported.

Key Stats (on next page)…