RENO, Nev. (WR) _ Eldorado Resorts Inc. (CZR) on Thursday reported a second-quarter lack of $100 million, after reporting a revenue in the identical interval a yr earlier.
The Reno, Nevada-based firm mentioned it had a lack of $1.25 per share.
The outcomes beat Wall Road expectations. The typical estimate of 5 analysts surveyed by Zacks Funding Analysis was for a lack of $1.90 per share.
The on line casino and resort operator posted income of $126.5 million within the interval, which fell wanting Road forecasts. Three analysts surveyed by Zacks anticipated $203.2 million.
Eldorado Resorts shares have decreased 37% for the reason that starting of the yr. Within the ultimate minutes of buying and selling on Thursday, shares hit $37.75, a decline of just about 7% within the final 12 months.