06.02.2014 23:33:07

Bally Technologies Q2 Profit Down - Quick Facts

(RTTNews) - Bally Technologies, Inc. (BYI) Thursday reported second-quarter profit of $21.21 million or $0.54 per share, down from $33.13 million or $0.80 per share in the same period last year.

Adjusted earnings for the quarter were $1.06 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $1.00 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $285.2 million from $238.3 million last year. Analysts expected revenues of $297.77 million.

Looking ahead, the company has forecast full-year 2014 adjusted earnings in a range of $4.30 to $4.50 per share. Analysts currently expect full-year earnings of $4.21 per share.

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