Lakes Entertainment (LACO) Announces Quarterly Earnings Results
Lakes Entertainment (NASDAQ:LACO) posted its quarterly earnings results on Wednesday. The company reported $0.01 earnings per share (EPS) for the quarter, AnalystRatingsNetwork reports. The company had revenue of $14.10 million for the quarter, compared to the consensus estimate of $8.50 million.
Shares of Lakes Entertainment (NASDAQ:LACO) opened at 4.29 on Wednesday. Lakes Entertainment has a 52-week low of $3.55 and a 52-week high of $5.55. The stock’s 50-day moving average is $4.61 and its 200-day moving average is $4.80. The company has a market cap of $114.7 million and a price-to-earnings ratio of 6.74.
Lakes Entertainment, Inc (NASDAQ:LACO) develops, finances and manages casino properties, with an emphasis on those that are Indian-owned.
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