Eldorado Resorts (ERI) Misses Q4 EPS by 48c
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Eldorado Resorts Reports Fourth Quarter Net Revenue of $592.1 Million, Operating Income of $58.9 Million, and Adjusted EBITDA of $154.4 Million
February 26, 2020 4:05 PM ESTRENO, Nev.--(BUSINESS WIRE)-- Eldorado Resorts, Inc. (NASDAQ: ERI) (Eldorado, ERI, or the Company) today reported operating results for the fourth quarter ended December 31, 2019.
Fourth Quarter 2019 and Recent Highlights:
Net revenue of $592.1 million, a decrease of 11.9% on a GAAP basis and a decrease of 4.4% on a same-store basis versus the comparable prior-year period Operating income of $58.9 million, a decrease of 32.1% on a GAAP basis and 32.2% on a same-store basis versus the comparable prior-year period, with a GAAP net loss of $13.2 million Adjusted EBITDA on a same-store basis was... More
