Penn National Gaming, Inc. (NASDAQ:PENN) is set to announce third quarter earning results on Thursday 29th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, PENN to report 3Q20 income of $ 0.53 per share.
For the full year, analysts anticipate top line of $ 3653.82 million, while looking forward to loss of $ 5.37 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 1,040.00 million ~ $ 1,145.00 million
Click Here For More Historical Outlooks Of Penn National Gaming, Inc.
Previous Quarter Performance
Penn National Gaming, Inc. reported loss for the second quarter of $ 1.69 per share, from the revenue of $ 305.50 million. Wall street analysts are predicting, PENN to report 2Q20 loss of $ 2.17 per share from revenue of $ 231.09 million. The bottom line results beat street analysts by $ 0.48 or 22.12 percent, at the same time, top line results outshined analysts by $ 74.41 million or 32.20 percent.
Stock Performance
Shares of Penn National Gaming, Inc. traded low $ -1.16 or -2.01 percent on Wednesday, reaching $ 56.59 with volume of 6.41 million shares. Penn National Gaming, Inc. has traded high as $ 58.91 and has cracked $ 55.25 on the downward trend
According to the previous trading day, closing price of $ 56.59, representing a 1,440.00 % increase from the 52 week low of $ 3.75 and a 24.63 % decrease over the 52 week high of $ 76.62.
The company has a market capital of $ 8.78 billion and is part of the Consumer Cyclical sector and Resorts & Casinos industry.
Conference Call
Penn National Gaming, Inc. will be hosting a conference call at 9:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.pngaming.com
Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through four segments: Northeast, South, West, and Midwest.
