Eldorado Resorts Inc. (ERI) on Tuesday reported second-quarter net income of $18.9 million.

The Reno-based company said it had net income of 24 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The casino and resort operator posted revenue of $637.1 million in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $657 million.

Eldorado Resorts shares have risen 15% since the beginning of the year. The stock has decreased nearly 5% in the last 12 months.

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