Gaming and Leisure Properties, Inc. Announces Third Quarter 2018 Results
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Penn National Gaming (PENN) PT Lowered to $30 at Nomura/Instinet
November 2, 2018 7:12 AM EDTNomura/Instinet analyst, Harry Curtis, lowered the price target on Penn National Gaming (NASDAQ: PENN) to $30.00 (from $38.00) while maintaining a Neutral rating following the company's 3Q earnings report. Adjusted 3Q EBITDAR of $230mn was just ~$3mn light of consensus.
Nomura/Instinet... More
Gaming and Leisure Properties (GLPI) Misses Q3 EPS by 2c, Revenues Miss
November 1, 2018 7:17 AM EDTGaming and Leisure Properties (NASDAQ: GLPI) reported Q3 EPS of $0.49, $0.02 worse than the analyst estimate of $0.51. Revenue for the quarter came in at $254.1 million versus the consensus estimate of $255.98 million.
Chief Executive Officer, Peter M. Carlino, commented, While our real estate portfolio continued to perform as expected during the quarter, we remained focused on the execution of our previously announced acquisitions. On September 26, 2018 we completed a very successful $1.1 billion note offering, with the benefit of our... More
Penn National Gaming (PENN) Misses Q3 EPS by 7c
November 1, 2018 7:17 AM EDTPenn National Gaming (NASDAQ: PENN) reported Q3 EPS of $0.38, $0.07 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $789.7 million versus the consensus estimate of $808.18 million.
Mr. Wilmott continued, On October 15, we completed our acquisition of Pinnacle Entertainment. This transformational merger further enhances Penn Nationals position as North Americas leading regional gaming operator,... More
