Ameristar Casinos Inc.'s (ASCA) third-quarter net income increased slightly to $14.46 million from $14.33 million last year. However, third-quarter earnings per share remained flat at $0.25. Adjusted earnings per share declined to $0.27 from $0.34 in the prior year. On average, 12 analysts polled by Thomson Reuters expected earnings per share of $0.27 for the quarter. Analysts' estimate typically excludes one-time items.
Net revenues for the third quarter decreased to $299.43 million from $321.40 million in the comparable period. Eight analysts estimated revenues of $316.69 million for the quarter. For the full year 2009, the company now expects capital spending of $157 million - $159 million.
For comments and feedback: editorial@rttnews.com