Penn National Gaming Reports Third Quarter Revenue of $739.3 Million and Adjusted EBITDA of $210.1 Million

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Go back to Penn National Gaming Reports Third Quarter Revenue of $739.3 Million and Adjusted EBITDA of $210.1 Million

Janney Capital Cuts Price Target on Penn National Gaming (PENN) Following 3Q Results

October 26, 2015 8:46 AM EDT

Janney Capital reiterated a Buy rating on Penn National Gaming (NASDAQ: PENN), and cut the price target to $21.50 (from $23.00), following the company's 3Q15 earnings results. PENN reported 3Q15 revenue of $739M and adjusted EBITDA of $210M. This compared to expectations for $729M... More

Penn National Gaming (PENN) Posts Q3 Revs of $739.3M

October 22, 2015 7:56 AM EDT

Penn National Gaming (NASDAQ: PENN) reported Q3 adjusted-EBITDA of $210.1 million, versus guidance of $197.7 million and $170.3 million last year. Revenue for the quarter came in at $739.3 million versus the consensus estimate of $728.95 million.

The results includes the effects of a change in the... More