Isle of Capri Casinos, Inc. – operators of Bettendorf's Isle of Capri Casino – reported improved earnings Tuesday (6/14) for the fourth quarter and fiscal year despite flat revenues for the 12-months ended April 26.
After company officials finished discussing the Isle's lower debt levels and improved profit margins in a conference call with analysts, the firm's stock price jumped nearly $1 per share (6 percent) to $17.32 in early trading.
The company reported fourth quarter net revenue of $265 million compared with $269 million for the same period last year. For the 12-months ended April 24, the Isle had net revenue of $979 million compared with $977 million for fiscal 2015.