Penn National Gaming Reports COVID-19 Impacted Second Quarter Revenues of $305.5 Million, Net Loss of $214.4 Million, Adjusted EBITDAR of $24.5 Million, and Adjusted EBITDA of ($79.3) Million

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Go back to Penn National Gaming Reports COVID-19 Impacted Second Quarter Revenues of $305.5 Million, Net Loss of $214.4 Million, Adjusted EBITDAR of $24.5 Million, and Adjusted EBITDA of ($79.3) Million

Penn National Gaming (PENN) Tops Q2 EPS by 42c, Revenues Beat

August 6, 2020 7:22 AM EDT

Penn National Gaming (NASDAQ: PENN) reported Q2 EPS of ($1.69), $0.42 better than the analyst estimate of ($2.11). Revenue for the quarter came in at $305.5 million versus the consensus estimate of $249.08 million.

Jay Snowden, President and Chief Executive Officer, commented: While the last several months have presented unprecedented challenges for our Company, I am extremely proud of the way our corporate and property leaders and valued team members have risen to the occasion and, working tirelessly alongside our regulators and public health officials, have successfully reopened all but two of our casino properties as of... More