Penn National Gaming (PENN) Tops Q2 EPS by 7c, Revenues Miss

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Go back to Penn National Gaming (PENN) Tops Q2 EPS by 7c, Revenues Miss

Penn National Gaming Reports Record Second Quarter Income from Operations and Exceeds Guidance for Adjusted EBITDA

July 26, 2018 7:00 AM EDT

- Continued Improvement to Industry Leading Adjusted EBITDA Margins Across all Three Operating Segments -

WYOMISSING, Pa.--(BUSINESS WIRE)-- Penn National Gaming, Inc. (PENN: Nasdaq) (Penn National or the Company) today announced financial results for the three and six months ended June 30, 2018, and initiated 2018 third quarter guidance.

Timothy J. Wilmott, Chief Executive Officer, commented: Penn National delivered another strong quarter in which we exceeded our guidance for income from operations and adjusted EBITDA. Our solid second quarter results are largely attributable to same store revenue growth at nearly two-thirds of our gaming operations... More