Ameristar Casinos Lower Ahead of Earnings

Published on Tuesday, 31 January 2012 10:04 Written by Christopher Lynn

New York, January 31st (TradersHuddle.com) - Shares of Ameristar Casinos, Inc. (NASDAQ:ASCA) are trading lower by -0.15% ahead of its quarterly earnings release. Ameristar Casinos, the gaming company that owns and operates casinos resorts in several states in the U.S. is expected to release its quarterly results on January 1^st.

Wall Street Analysts consensus calls for a profit of $0.36 a share on $297.13 million revenue.

Ameristar Casinos estimates have a range of $0.22 a share. The high estimate calls for profit of $0.47 a share and the low estimate is calling for a profit of $0.25 a share, a year ago for the quarter the company reported $0.19 a share.

Ameristar Casinos, Inc. (NASDAQ:ASCA) is a gaming company that owns and operates casinos and related hotel, entertainment, and food and beverage facilities. Its properties are located in Nevada, Mississippi, Illinois, Missouri, Colorado, Idaho, and Iowa.

Other companies on the watch on this earnings event are Boyd Gaming Corporation NYSE:BYD and Wynn Resorts Limited NASDAQ:WYNN.