06.02.2020 14:59:37
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Penn National Gaming Initiates 2020 Adj. EBITDAR Guidance - Quick Facts
(RTTNews) - Penn National Gaming, Inc. (PENN) said, for 2020, the company expects: adjusted EBITDAR range of $1.67 billion to $1.70 billion, which includes costs associated with the launch of its sports betting app.
Fourth-quarter loss per share was $0.80 compared to a loss of $0.37, prior year. The company's net loss for the quarter was $92.9 million, principally driven by $173.1 million of impairment losses. Adjusted EBITDAR was $399.4 million, an increase of $75.5 million. Revenues were $1.34 billion, an increase of $185.9 million from last year.
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PENN Entertainment Inc | 20,55 | -1,53% |
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