Penn National Gaming (PENN) Tops Q4 EPS by 1c, Revenues Beat; Offers Q1 & FY19 EPS/Revenue Guidance Below Consensus
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Penn National Gaming Reports Record Fourth Quarter Net Revenues of $1.155 Billion and Operating Income of $124.4 Million
February 7, 2019 7:00 AM EST- All Reportable Segments Saw Continued Improvement to Industry Leading Adjusted EBITDAR Margins on a Same-Store Basis -
WYOMISSING, Pa.--(BUSINESS WIRE)-- Penn National Gaming, Inc. (PENN: Nasdaq) (Penn National or the Company) today announced financial results for the three months and year ended December31, 2018 and established 2019 first quarter and full year guidance. The financial results for the three months and year ended December 31, 2018 reflect the acquisition of Pinnacle Entertainment, Inc. (Pinnacle) on October 15, 2018 (and the divestiture of four Pinnacle properties simultaneous with the completion of the transaction).
Timothy J. Wilmott, Chief... More
