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Second quarter Lee Enterprise earnings increase thanks to one-time $30-milion insurance settlement

on Fri, 05/06/2016 - 21:50   by Editor

Lee Enterprises, Inc. – owner of the Quad City Times and 46 other daily newspapers – reported Thursday (5/5) morning second quarter earnings of $19.5 million, or 36 cents per share, thanks largely to a one-time insurance gain of $30.6 million.

Without the insurance proceeds, the company would have reported a 1 cent per share loss for the 3-month period ended March 27, compared with a 3 cents per share gain for the same quarter a year ago.

Isle of Capri Casinos, Inc. posts higher earnings despite 2.5 percent drop in overall revenues

on Wed, 02/24/2016 - 02:49   by Editor

Isle of Capri Casinos, Inc. posted higher earnings for its third quarter ended January 24 despite a 2.5 percent drop in overall revenues.

The gambling firm, owner of the Bettendorf Isle of Capri casino riverboat, reported third quarter earnings of $6.6 million, or 16 cents per share, compared with $5.4 million, or 13 cents per share, for the same period a year ago.

Lee reports higher 4th quarter earnings; lower expenses offset 4.3% drop in operating revenue

on Thu, 12/10/2015 - 22:56   by Editor

Lee Enterprises reported higher fourth quarter earnings today (12/10) compared with a year ago thanks primarily to lower operating expenses that offset a 4.3 percent decline in revenue for the three-month period.

For the fourth quarter ended Sept. 27, Lee reported earnings of 18 cents ($10.13 million) compared with 6 cents per share ($3.38 million) for the same quarter last year. For the fiscal year, earnings totaled 44 cents per share ($24.3 million) compared with 13 cents per share ($7.67 million) a year ago.

Isle 2nd quarter earnings up; weak revenues lead to stock sell-off and 19 per cent drop in stock price

on Wed, 12/02/2015 - 23:09   by Editor

Isle of Capri Casino, Inc. officials reported second quarter earnings of $11.45 million (28 cents per share) Wednesday (12/2), but its stock got hammered as investors apparently were concerned with weak casino revenues, particularly at the company's St. Charles, Louisiana operation.

The Isle's stock lost more than 19 percent of its value, more than $3.70 per share, in morning trading after the company reported its second quarter numbers. The stock had more than doubled in value since the first of the year, from $8.45 per share January 1 to $21.43 per share November 5.

Lee Enterprises earns $1.8 million in 2nd quarter; subscription revenue up and newsprint expenses fall

on Sat, 05/09/2015 - 00:00   by Editor

Davenport-based Lee Enterprises, Inc. posted net income of $1.8 million – 3 cents per share – for its second quarter ended March 29, thanks in part to higher subscription revenues and lower newsprint and interest expenses.

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