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Penn National Gaming Inc (PENN.OQ)

PENN.OQ on NASDAQ Stock Exchange Global Select Market

24.41USD
15 Feb 2019
Change (% chg)

$-0.07 (-0.29%)
Prev Close
$24.48
Open
$24.60
Day's High
$25.00
Day's Low
$24.32
Volume
491,406
Avg. Vol
982,944
52-wk High
$36.88
52-wk Low
$17.31

Latest Key Developments (Source: Significant Developments)

Penn National Gaming Reports Q4 Loss Per Share Of $0.37
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING REPORTS RECORD FOURTH QUARTER NET REVENUES OF $1.155 BILLION AND OPERATING INCOME OF $124.4 MILLION.Q4 REVENUE $1.155 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.16 BILLION.QTRLY LOSS PER SHARE $0.37.SEES 2019 NET REVENUES OF $5,207.7 MILLION.SEES 2019 DILUTED EARNINGS PER COMMON SHARE OF $1.37.SEES NET REVENUES OF $1,301.4 MILLION FOR 3 MONTHS ENDED MARCH 31, 2019.SEES DILUTED EARNINGS PER COMMON SHARE OF $0.40 FOR 3 MONTHS ENDED MARCH 31, 2019.OUR BOARD OF DIRECTORS APPROVED A NEW $200 MILLION SHARE REPURCHASE PROGRAM THAT IS IN EFFECT UNTIL DECEMBER 31, 2020.PENN NATIONAL GAMING - HAVE BEGUN TO FOCUS ON REVENUE SYNERGIES FROM PINNACLE INTEGRATION AND PLAN FOR INITIATIVES TO COMMENCE IN LATE-2019.PENN NATIONAL GAMING - SEES INCREMENTAL ADJUSTED EBITDAR ASSOCIATED WITH REVENUE SYNERGIES RELATED TO PINNACLE TO BE IN RANGE OF $15-$20 MILLION.PENN NATIONAL GAMING - EXPECTS TO REALIZE MAJORITY OF INCREMENTAL ADJUSTED EBITDAR ASSOCIATED WITH REVENUE SYNERGIES RELATED TO PINNACLE IN 2020 & EARLY 2021.  Full Article

Penn National Gaming Board Authorizes New $200 Mln Share Repurchase Program
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING BOARD OF DIRECTORS AUTHORIZES NEW $200 MILLION SHARE REPURCHASE PROGRAM.PENN NATIONAL GAMING INC - NEW TWO-YEAR AUTHORIZATION WILL EXPIRE ON DECEMBER 31, 2020.PENN NATIONAL GAMING - NEW TWO-YEAR AUTHORIZATION IS INCREMENTAL TO COMPANY'S EXISTING SHARE REPURCHASE PROGRAM, WHICH IS SET TO EXPIRE IN FEB OF 2019.  Full Article

Everi And Penn National Gaming Extend Cash Access Services Agreement
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Everi Holdings Inc ::EVERI AND PENN NATIONAL GAMING EXTEND CASH ACCESS SERVICES AGREEMENT.EVERI HOLDINGS INC - FOUR-YEAR EXTENSION OF ITS CASH ADVANCE, ATM, CHECK WARRANTY, AND REDEMPTION DEVICE SERVICES AGREEMENT WITH PENN NATIONAL GAMING.  Full Article

Penn National Gaming Inc Q3 Earnings Per Share $0.38
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING REPORTS THIRD QUARTER INCOME FROM OPERATIONS OF $155.8 MILLION AND ADJUSTED EBITDA AFTER MASTER LEASE PAYMENTS OF $114.5 MILLION.Q3 REVENUE $789.7 MILLION VERSUS I/B/E/S VIEW $807.7 MILLION.QTRLY EARNINGS PER SHARE $0.38.SEES Q4 NET REVENUES $1.15 BILLION.SEES Q4 LOSS PER SHARE $0.40.PINNACLE ACQUISITION EXPECTED TO BE ACCRETIVE TO CO'S FREE CASH FLOW PER SHARE IN FIRST YEAR AFTER CLOSING.REDUCED TRADITIONAL NET DEBT BY APPROXIMATELY $70 MILLION IN Q3.  Full Article

Penn National Gaming Files Application For Hollywood Casino Morgantown
Wednesday, 31 Oct 2018 

Penn National Gaming Inc ::PENN NATIONAL GAMING FILES APPLICATION FOR HOLLYWOOD CASINO MORGANTOWN.PENN NATIONAL GAMING INC - DEVELOPMENT OF HOLLYWOOD CASINO MORGANTOWN REPRESENTS AN OVERALL INVESTMENT OF NEARLY $111 MILLION.  Full Article

Penn National Gaming Secures Approval From Nevada Gaming Regulators In Connection With Its Pending Acquisition Of Pinnacle Entertainment
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING SECURES APPROVAL FROM NEVADA GAMING REGULATORS IN CONNECTION WITH ITS PENDING ACQUISITION OF PINNACLE ENTERTAINMENT.PENN NATIONAL GAMING INC - WITH ALL REGULATORY APPROVALS NOW GRANTED, COMPANY MAKES FINAL PREPARATIONS FOR MID-OCTOBER CLOSING.  Full Article

Penn National Gaming Secures Approval From The CDG In Connection With Pending Pinnacle Entertainment Deal
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING SECURES APPROVAL FROM THE COLORADO DIVISION OF GAMING IN CONNECTION WITH ITS PENDING ACQUISITION OF PINNACLE ENTERTAINMENT.PENN NATIONAL GAMING - RECEIVED APPROVALS FROM THIRTEEN GAMING REGULATORY BODIES IN CONNECTION WITH ITS PROPOSED ACQUISITION OF PINNACLE ENTERTAINMENT.  Full Article

Penn National Gaming Inc QTRLY Earnings Per Share $0.57
Thursday, 26 Jul 2018 

Penn National Gaming Inc ::PENN NATIONAL GAMING REPORTS RECORD SECOND QUARTER INCOME FROM OPERATIONS AND EXCEEDS GUIDANCE FOR ADJUSTED EBITDA.Q2 REVENUE $826.9 MILLION VERSUS I/B/E/S VIEW $840.6 MILLION.QTRLY EARNINGS PER SHARE $0.57.SEES Q3 2018 NET REVENUE $807.1 MILLION; SEES Q3 2018 EARNINGS PER SHARE $0.44.SEES FY 2018 NET REVENUE $3,219.0 MILLION; SEES FY 2018 EARNINGS PER SHARE $1.75.Q2 EARNINGS PER SHARE VIEW $0.50 -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $0.43, REVENUE VIEW $814.9 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.65, REVENUE VIEW $3.24 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Penn National Gaming Secures Further Approvals Regarding Deal With Pinnacle Entertainment
Thursday, 19 Jul 2018 

July 19 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING SECURES APPROVALS FROM THE OHIO CASINO CONTROL COMMISSION AND LOUISIANA GAMING CONTROL BOARD IN CONNECTION WITH ITS PENDING ACQUISITION OF PINNACLE ENTERTAINMENT.  Full Article

Penn National Secures Indiana Gaming Commission Approval Of Its Pending Acquisition Of Pinnacle Entertainment
Thursday, 28 Jun 2018 

June 28 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING SECURES INDIANA GAMING COMMISSION APPROVAL OF ITS PENDING ACQUISITION OF PINNACLE ENTERTAINMENT.PENN NATIONAL GAMING INC - REMAIN ON SCHEDULE TO COMPLETE TRANSACTION IN SECOND HALF OF THIS YEAR.  Full Article

REUTERS SUMMIT-U.S. big investors' best investment ideas for 2019

NEW YORK, Nov 15 The best investment ideas for 2019 range from buying local currencies in emerging markets to picking up beaten-down casino stocks to holding on to bank loans, according to investors who appeared this week at the Reuters Global Investment 2019 Outlook Summit in New York.