Eldorado Resorts Inc has told investors that it will report its 2018 second quarter financial results after the market closes on Thursday, August 2, 2018. The company will host a conference call and webcast at 4:30pm that day to review the results.
The casino entertainment firm owns and operates 20 properties in 10 states including Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri, Nevada, Ohio, Pennsylvania and West Virginia. In aggregate, Eldorado’s properties feature approximately 21,000 slot machines and VLTs and 600 table games, and over 7,000 hotel rooms.
Ahead of August 2, speculation about the results is already doing the rounds. Brokerages are reportedly expecting Eldorado to show sales of between $467.40m $454.27m for the quarter. The company hit sales of $355.18m in the same quarter last year. Should current projections prove accurate, it will have achieved a positive year-on-year gain of 29.5%.
According to investment research specialist Zacks, analysts anticipate that Eldorado will publish full year sales of $1.81bn for the current financial year. Estimates vary from $1.80bn to $1.84bn.