Station Casinos Inc. (STN: news, chart, profile) , the Las Vegas casino operator, lifted its estimate of adjusted first-quarter earnings to a range of 66 cents to 68 cents a share from 56 cents to 62 cents. The figures exclude certain expenses and one-time items. Thomson First Call's consensus analyst estimate is 60 cents. Revenue will come in near the top of the company's previous estimate of a 9 percent to 13 percent same-store increase, excluding Green Valley Ranch, Station Casinos said. The company also said it would speed the construction of the second phase of expansion at its Red Rock property. The expansion will begin late this year and finish in 2006. Station Casinos' shares rose 8 cents to $61.54 on Monday.
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