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Isle of Capri posts 2Q profit.

Europe Intelligence Wire

| December 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From AFX Europe (Focus))

ST. LOUIS (AFX) - Casino operator Isle of Capri Casinos Inc. said Thursday it posted a profit in the fiscal second quarter, benefiting from a gain on property sales and reversing a year-ago loss when results were hurt by the impact of hurricanes.

Net income for the quarter ended Oct. 29 was $3.4 million, or 11 cents per share, versus a year-ago loss of $4.2 million, or 14 cents per share. Earnings from continuing operations in the latest quarter were 25 cents per share, including a gain of 25 cents per share on the sale of the Isle-Bossier City and ...

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