Penn National Gaming (PENN) PT Lowered to $29 at Morgan Stanley

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Penn National Gaming (PENN) Tops Q1 EPS by 6c, Beats on Revenues; Boosts FY18 EPS/Revenue Outlook Above Consensus

April 26, 2018 7:10 AM EDT

Penn National Gaming (NASDAQ: PENN) reported Q1 EPS of $0.48, $0.06 better than the analyst estimate of $0.42. Revenue for the quarter came in at $816.2 million versus the consensus estimate of $810.92 million.

2018 First Quarter Financial Highlights:

Net revenues of $816.1 million; a 5.1% increaseIncome from operations of $172.1... More