Penn National Gaming (PENN) Q4 Revs Beat; Issues Solid Outlook
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Penn National Gaming Reports Record Fourth Quarter Revenue of $769.0 Million
February 8, 2018 7:00 AM ESTIncome from Operations of $56.2 Million and Adjusted EBITDA After Master Lease Payments of $68.8 Million
Enactment of Tax Cuts and Jobs Act Results in Significant Recurring Free Cash Flow Benefit and Fourth Quarter Non-Cash Deferred Tax Asset Write-off of $257 Million
Establishes 2018 First Quarter and Full Year Guidance
WYOMISSING, Pa.--(BUSINESS WIRE)-- Penn National Gaming, Inc. (PENN: Nasdaq) (Penn National or the Company) today announced financial results for the three months ended December 31, 2017 and established 2018 first quarter and full year guidance.
Timothy J. Wilmott, Chief Executive Officer,... More
