Penn National Gaming (PENN) Tops Q3 EPS

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Go back to Penn National Gaming (PENN) Tops Q3 EPS

Penn National Gaming Reports Third Quarter Revenues of $1.13 Billion, Net Income of $141.2 Million, Adjusted EBITDAR of $452.6 Million, and Adjusted EBITDA of $343.6 Million

October 29, 2020 7:00 AM EDT

- Highly Successful Launch of Barstool Sportsbook App Creates New Growth Channel -

WYOMISSING, Pa.--(BUSINESS WIRE)-- Penn National Gaming, Inc. (NASDAQ: PENN) (Penn National or the Company) today reported financial results for the three and nine months ended September 30, 2020.

Jay Snowden, President and Chief Executive Officer, commented: I am pleased to report that our property, interactive, and corporate management teams generated strong third quarter revenues, as well as all time quarterly record Adjusted EBITDAR and Adjusted EBITDAR margins, despite the continuation of social distancing and capacity constraints at all... More