Isle Of Capri Casinos (ISLE) Lags Q2 Earnings & Revenues
Zacks Investment Research | Nov 30, 2016 09:54PM ET
Isle of Capri Casinos, Inc. (NASDAQ:ISLE) is a developer, owner and operator of branded gaming and related lodging and entertainment facilities in growing markets in the United States.
Notably, the company’s persistent efforts to optimize its marketing and operating model has been driving top and bottom line performance. Moreover, improved quality of the company’s asset portfolio along with the rollout of new initiatives should further impel growth.
However, challenging weather conditions and increased promotional activity from competitors are limiting the company’s top-line growth.
Investors should note that the consensus estimate for ISLE has hardly witnessed any significant movement over the last 60 days. Meanwhile, ISLE’s earnings have been mixed over the past few quarters. The company posted positive earnings surprises in two of the last four quarters, with an average miss of 3.68%.
ISLE OF CAPRI Price and EPS Surprise
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