September 1, 2014
LAS VEGAS (AP) - Casino giant Harrah's Entertainment says its second-quarter profit surged 85% on strong results in Las Vegas and Atlantic City.
But adjusted results missed analysts' estimates.
The Las Vegas-based company is reporting adjusted earnings from continuing operations were 96 cents per share in the three months ending June 30th.
That compares with 95 cents per share a year ago.
Analysts had projected net income of 98 cents per share. Harrah's is being taken private in a $17.1 billion deal.
Overall earnings for the quarter climbed to $237.5 million -- or
$1.25 per share. That compares with $128.6 million, or 69 cents per share, a year ago.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.