Ameristar Casinos Inc. (ASCA) reported a fourth-quarter net loss of $63.310 million or $1.10 per share compared to a net loss of $101.097 million or $1.77 per share last year.
Adjusted earnings per share decreased to $0.11 from $0.20 prior year.
On average, 11 analysts polled by Thomson Reuters expected the company to report profit of $0.12 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues decreased to $291.276 million from $293.636 million a year ago. Analysts expected revenue of $291.03 million for the quarter.
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