Eldorado Resorts (ERI) Misses Q1 EPS by 11c

Eldorado Resorts Reports First Quarter Net Revenue of $440.2 Million, Operating Income of $54.2 Million and Adjusted EBITDA of $103.5 Million

May 3, 2018 4:05 PM EDT

RENO, Nev.--(BUSINESS WIRE)-- Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado, ERI, or the Company) today reported operating results for the first quarter ended March 31, 2018.

        ($ in thousands, except per share data) Total Net Revenue Three Months Ended March 31, 2018     2017    

2017 Pre-Acquisition(1)

   

2017 Total(2)

    Change West $ 99,579     $ 63,488     $ 32,413     $ 95,901     3.8 % Midwest 100,795 - 105,958 105,958 (4.9 )% South 122,800 32,560 98,881 131,441 (6.6 )% East 116,891 106,287 8,727 115,014 1.6 % Corporate and Other   127       58       181     239     (46.9 )% Total Net Revenue (3) $ 440,192     $ 202,393     $ 246,160     $448,553     (1.9 )%                     ($ in thousands, except per share data) Operating Income Three Months Ended March 31, 2018     2017    

2017 Pre-Acquisition(1)

   

2017 Total(2)

    Change West $ 10,139 $ 1,355 $... More