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Penn National Gaming Inc Issues Q2 2013 Mixed Guidance; Raises FY 2013 Guidance


Thursday, 18 Apr 2013 07:00am EDT 

Penn National Gaming Inc announced that for second quarter of 2013, it expects net revenue to be $793.2 million, adjusted EBITDA to be $225.2 million and diluted earnings per common share (EPS) to be $0.68. The Company revised fiscal 2013 guidance and expects net revenue to be $3.137 billion (prior guidance $3.151.5 billion), adjusted EBITDA to be $875.8 million (prior guidance $711.4 million) and EPS of $2.47 (prior guidance $2.04). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of revenue of $804 million, EBITDA of $223 million and EPS of $0.66 for second quarter of 2013; revenue of $3.17 billion, EBITDA of $871 million and EPS of $2.50 for fiscal 2013. 

Company Quote

11.975
-0.225 -1.84%
24 Oct 2014