Penn National Gaming Inc Reports 1042% Gain In Q2 Bottom Line

(RTTNews) - Penn National Gaming Inc (PENN) reported earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line rose to $34.04 million, or $0.37 per share. This was higher than $2.98 million, or $0.03 per share, in last year's second quarter.

The company said revenue for the quarter rose 9.8% to $769.42 million. This was up from $700.96 million last year.

Penn National Gaming Inc earnings at a glance:

-Earnings (Q2): $34.04 Mln. vs. $2.98 Mln. last year. -Earnings Growth (Y-o-Y): 1042.3% -EPS (Q2): $0.37 vs. $0.03 last year. -EPS Growth (Y-o-Y): 1133.3% -Revenue (Q2): $769.42 Mln vs. $700.96 Mln last year. -Revenue Change (Y-o-Y): 9.8%

-Guidance: Next quarter EPS guidance: $0.29 Next quarter revenue guidance: $767.3 Mln Full year EPS guidance: $1.08 Full year revenue guidance: $3.03 Bln