PENN
$14.69
Penn Natl Gaming
$.21
1.45%

Earnings History

Earnings
Revenue
Reaction
Drift
EPS & Revenue Below Estimates
FY 2012
2/2/2012
7:00:12 AM
$2.22
-3.2%
3.5%
Guidance:
Consensus:
Penn National Gaming Guides Below Estimates

Penn National Gaming, Inc. said it expects first quarter earnings of approximately $0.56 per share on revenue of approximately $682.8 million. The current consensus earnings estimate is $0.58 per share on revenue of $708.2 million for the quarter ending March 31, 2012. The company said it expects 2012 earnings of approximately $2.22 per share on revenue of approximately $2.786 billion. The current consensus earnings estimate is $2.25 per share on revenue of $2.96 billion for the year ending December 31, 2012.
Raises Guidance
FY 2012
4/19/2012
7:00:25 AM
$2.48
$2.872 bil
$2.26
$2.88 bil
2.9%
-0.9%
Guidance:
Consensus:
Penn National Gaming Raises Guidance

Penn National Gaming, Inc. said it expects second quarter earnings of approximately $0.64 per share on revenue of approximately $711.0 million. The current consensus earnings estimate is $0.62 per share on revenue of $723.5 million for the quarter ending June 30, 2012. The company also said it now expects 2012 earnings of approximately $2.48 per share on revenue of approximately $2.872 billion. The company's previous guidance was earnings of approximately $2.22 per share on revenue of approximately $2.786 billion and the current consensus earnings estimate is $2.26 per share on revenue of $2.88 billion for the year ending December 31, 2012.
EPS Below Estimates
Q 09/2012
7/24/2012
7:00:07 AM
$0.55
$0.59
$721.9 mill
-1.7%
-6.7%
Guidance:
Consensus:
Penn National Gaming Lowers Earnings Guidance

Penn National Gaming, Inc. said it expects third quarter earnings of approximately $0.55 per share on revenue of approximately $699.3 million. The current consensus earnings estimate is $0.59 per share on revenue of $721.9 million for the quarter ending September 30, 2012. The company also said it expects 2012 earnings of approximately $2.46 per share on revenue of approximately $2.874 billion. The company's previous guidance was earnings of approximately $2.48 per share on revenue of approximately $2.872 billion and the current consensus earnings estimate is $2.51 per share on revenue of $2.91 billion for the year ending December 31, 2012.
EPS & Revenue Above Estimates
Q 12/2012
10/18/2012
7:00:04 AM
$0.56
$0.53
$747.0 mill
3.1%
-5.0%
Guidance:
Consensus:
Penn National Gaming Guides Fourth Quarter Above Estimates

Penn National Gaming, Inc. said it expects fourth quarter earnings of approximately $0.56 per share on revenue of approximately $782.4 million. The current consensus earnings estimate is $0.53 per share on revenue of $747.0 million for the quarter ending December 31, 2012.
EPS & Revenue Below Estimates
FY 2013
1/31/2013
7:00:06 AM
$2.47
1.5%
11.0%
Guidance:
Consensus:
Penn National Gaming Guides Below Estimates

Penn National Gaming, Inc. said it expects first quarter earnings of approximately $0.64 per share on revenue of approximately $799.2 million. The current consensus earnings estimate is $0.73 per share on revenue of $861.4 million for the quarter ending March 31, 2013. The company also said it expects 2013 earnings of approximately $2.747 per share on revenue of approximately $3.151 billion. The company's previous guidance was for earnings of $2.62 per share and the current consensus earnings estimate is $2.73 per share on revenue of $3.34 billion for the year ending December 31, 2013.
Revises Guidance
FY 2013
4/18/2013
7:00:03 AM
$2.56
$3.14 bil
$2.48
$3.17 bil
2.2%
6.0%
Guidance:
Consensus:
Penn National Gaming Revises Guidance

Penn National Gaming, Inc. said it expects second quarter earnings of approximately $0.68 per share on revenue of approximately $793.2 million. The current consensus earnings estimate is $0.65 per share on revenue of $805.2 million for the quarter ending June 30, 2013. The company also said it now expects 2013 earnings of approximately $2.56 per share on revenue of approximately $3.14 billion. The company's previous guidance was earnings of approximately $2.747 per share on revenue of approximately $3.15 billion and the current consensus earnings estimate is $2.48 per share on revenue of $3.17 billion for the year ending December 31, 2013.
EPS & Revenue Below Estimates
Q 03/2014
2/6/2014
7:00:19 AM
$0.05
$0.18
$706.1 mill
6.3%
5.2%
Guidance:
Consensus:
Penn National Gaming Guides Below Estimates

Penn National Gaming, Inc. said it expects first quarter earnings of approximately $0.05 per share on revenue of approximately $640.4 million and 2014 earnings of approximately $0.24 per share on revenue of approximately $2.625 billion. The current consensus earnings estimate is $0.18 per share on revenue of $706.1 million for the quarter ending March 31, 2014 and $0.48 per share on revenue of $2.75 billion for the year ending December 31, 2014.
EPS & Revenue Below Estimates
FY 2014
4/24/2014
7:02:13 AM
$0.12
$2.514 bil
$0.26
$2.64 bil
-9.7%
-7.2%
Guidance:
Consensus:
Penn National Gaming Lowers Guidance

Penn National Gaming, Inc. said it expects second quarter earnings of approximately $0.06 per share on revenue of approximately $640.5 million. The current consensus earnings estimate is $0.14 per share on revenue of $674.1 million for the quarter ending June 30, 2014. The company said it expects 2014 earnings of approximately $0.12 per share on revenue of approximately $2.514 billion. The company's previous guidance was earnings of approximately $0.24 per share on revenue of approximately $2.625 billion and the current consensus earnings estimate is $0.26 per share on revenue of $2.64 billion for the year ending December 31, 2014.
EPS Below/Revenue Above
FY 2014
7/24/2014
7:01:22 AM
$0.02
$2.55 mil
$0.13
$2.52 bil
-3.6%
-8.6%
Guidance:
Consensus:
Penn National Gaming Revises Guidance

Penn National Gaming, Inc. said it expects third quarter earnings of approximately $0.06 per share on revenue of approximately $633.5 million. The current consensus earnings estimate is $0.03 per share on revenue of $626.2 million for the quarter ending September 30, 2014. The company also said it expects 2014 earnings of approximately $0.02 per share on revenue of approximately $2.55 million. The company's previous guidance was earnings of approximately $0.12 per share on revenue of approximately $2.514 billion and the current consensus earnings estimate is $0.13 per share on revenue of $2.52 billion for the year ending December 31, 2014.
EPS & Revenue Above Estimates
Q 12/2014
10/23/2014
7:00:44 AM
($0.07)
a loss of $0.11
$618.8 mill
2.5%
9.2%
Guidance:
Consensus:
Penn National Gaming Guides Above Estimates

Penn National Gaming, Inc. said it expects a fourth quarter loss of approximately $0.07 per share on revenue of approximately $621.1 million. The current consensus estimate is a loss of $0.11 per share on revenue of $618.8 million for the quarter ending December 31, 2014.
EPS & Revenue Above Estimates
FY 2015
1/29/2015
7:01:09 AM
$0.46
2.3%
1.7%
Guidance:
Consensus:
Penn National Gaming Guides Above Estimates

Penn National Gaming, Inc. said it expects first quarter earnings of approximately $0.10 per share on revenue of approximately $670.6 million. The current consensus earnings estimate is $0.09 per share on revenue of $654.8 million for the quarter ending March 31, 2015. The company said it expects 2015 earnings of approximately $0.46 per share on revenue of approximately $2.74 billion. The current consensus earnings estimate is $0.45 per share on revenue of $2.71 billion for the year ending December 31, 2015.
Reaffirms
FY 2015
4/23/2015
7:00:05 AM
$0.46
$2.74 bil
$0.46
$2.75 bil
1.5%
-3.7%
Guidance:
Consensus:
Penn National Gaming Reaffirms

Penn National Gaming, Inc. said it expects second quarter earnings of approximately $0.11 per share on revenue of approximately $672.7 million. The current consensus earnings estimate is $0.12 per share on revenue of $681.4 million for the quarter ending June 30, 2015. The company also said it continues to expect 2015 earnings of approximately $0.46 per share on revenue of approximately $2.74 billion. The current consensus earnings estimate is $0.46 per share on revenue of $2.75 billion for the year ending December 31, 2015.
EPS & Revenue Above Estimates
FY 2015
7/23/2015
7:00:06 AM
$0.58
$2.786 bil
$0.47
-1.0%
-5.8%
Guidance:
Consensus:
Penn National Gaming Raises Guidance

Penn National Gaming, Inc. said it expects third quarter earnings of approximately $0.18 per share on revenue of approximately $728.2 million and now expects 2015 earnings of approximately $0.58 per share on revenue of approximately $2.786 billion. The company's previous guidance was 2015 earnings of approximately $0.46 per share on revenue of approximately $2.74 billion. The current consensus earnings estimate is $0.12 per share on revenue of $710.0 million for the quarter ending September 30, 2015 and $0.47 per share on revenue of $2.75 billion for the year ending December 31, 2015.
Revenue Above Estimates
Q 12/2015
10/22/2015
7:00:02 AM
approximately $722.5 mil
$709.8 mil
-0.6%
0.5%
Guidance:
Consensus:
Penn National Gaming Guides Revenue Above Estimates

Penn National Gaming, Inc. said it expects fourth quarter revenue of approximately $722.5 million. The current consensus revenue estimate is $709.8 million for the quarter ending December 31, 2015.
Reaffirms
Q 12/2015
12/30/2015
7:00:00 AM
approximately $722.5 bil
$725.9 mil
-1.8%
-6.7%
Guidance:
Consensus:
Penn National Gaming Reaffirms

Penn National Gaming, Inc. said it expects fourth quarter revenue of approximately $722.5 billion. The current consensus revenue estimate is $725.9 million for the quarter ending December 31, 2015.
Provides Revenue Guidance
FY 2016
2/4/2016
7:00:06 AM
2.3%
-8.4%
Guidance:
Consensus:
Penn National Gaming Provides Revenue Guidance

Penn National Gaming, Inc. said it expects first quarter revenue of approximately $756.9 million and 2016 revenue of approximately $3.054 million. The current consensus estimate is revenue of $724.9 million for the quarter ending March 31, 2016 and revenue of $3.04 billion for the year ending December 31, 2016.
Reaffirms
FY 2015
4/28/2016
7:00:03 AM
$3.054 bil
$3.05 bil
-1.3%
-3.9%
Guidance:
Consensus:
Penn National Gaming Reaffirms

Penn National Gaming, Inc. said it continues to expect 2015 revenue of approximately $3.054 billion. The current consensus estimate is revenue of $3.05 billion for the year ending December 31, 2015.
Mixed Guidance
Q 12/2016
10/27/2016
7:00:07 AM
($0.15)
for earnings of $0.14
$734.3 mill
-1.3%
-12.2%
Guidance:
Consensus:
Penn National Gaming Provides Mixed Guidance

Penn National Gaming, Inc. said it expects a fourth quarter loss of approximately $0.15 per share on revenue of approximately $748.3 million. The current consensus estimate is for earnings of $0.14 per share on revenue of $734.3 million for the quarter ending December 31, 2016.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
2/2/2012
7:00:12 AM
Dec '11
Q4 '11
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$0.48
$676.45 Mil
$0.53
$0.49
$677.78 Mil
-9.4%
-0.2%
145.7%
7.3%
-2.8%
3.5%
4/19/2012
7:00:25 AM
Mar '12
Q1 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$0.73
$736.06 Mil
$0.64
$0.59
$698.17 Mil
14.1%
5.4%
51.1%
10.3%
6.2%
-0.9%
7/24/2012
7:00:07 AM
Jun '12
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$0.64
$712.55 Mil
-
$0.64
$721.65 Mil
-
-1.3%
6.3%
3.6%
3.0%
-6.7%
10/18/2012
7:00:04 AM
Sep '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$0.56
$707.04 Mil
$0.54
$0.55
$713.39 Mil
3.7%
-0.9%
-16.0%
-0.5%
2.4%
-5.0%
1/31/2013
7:00:06 AM
Dec '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$0.28
$743.81 Mil
$0.51
$0.48
$777.94 Mil
-45.1%
-4.4%
-45.1%
10.0%
-1.9%
11.0%
4/18/2013
7:00:03 AM
Mar '13
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$0.67
$798.25 Mil
$0.67
$0.64
$805.05 Mil
-
-0.8%
-12.2%
8.4%
-1.7%
6.0%
7/23/2013
7:00:03 AM
Jun '13
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$0.78
$761.37 Mil
-
$0.60
$791.76 Mil
30.0%
-3.8%
-9.2%
6.9%
-7.4%
-2.0%
10/17/2013
6:13:00 AM
Sep '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$0.43
$714.44 Mil
-
$0.46
$725.91 Mil
-6.5%
-1.6%
-21.8%
1.0%
-0.6%
4.9%
2/6/2014
7:00:19 AM
Dec '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$0.16
$644.70 Mil
$0.11
$0.12
$655.57 Mil
45.5%
-1.7%
-54.5%
-13.3%
-0.4%
5.2%
4/24/2014
7:02:13 AM
Mar '14
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$0.05
$641.08 Mil
-
$0.04
$651.00 Mil
25.0%
-1.5%
-93.4%
-19.7%
-7.2%
-7.2%
7/24/2014
7:01:22 AM
Jun '14
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$0.07
$652.15 Mil
-
$0.07
$644.14 Mil
-
1.2%
-89.7%
-14.3%
1.1%
-8.6%
10/23/2014
7:00:44 AM
Sep '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.10
$645.94 Mil
-
$0.06
$633.94 Mil
66.7%
1.9%
-80.9%
-9.6%
0.8%
9.2%
1/29/2015
7:01:09 AM
Dec '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
($0.07)
$651.36 Mil
($0.03)
($0.04)
$636.83 Mil
-133.3%
2.3%
-
1.0%
3.0%
1.7%
4/23/2015
7:00:05 AM
Mar '15
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.11
$664.14 Mil
-
$0.10
$668.57 Mil
10.0%
-0.7%
122.4%
3.6%
1.6%
-3.7%
7/23/2015
7:00:06 AM
Jun '15
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.09
$700.96 Mil
-
$0.13
$677.13 Mil
-30.8%
3.5%
34.2%
7.5%
4.2%
-5.8%
4/28/2016
7:00:03 AM
Mar '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G -
EPS
Rev
$0.26
$756.45 Mil
-
$0.23
$755.72 Mil
13.0%
0.1%
134.9%
13.9%
0.5%
-3.9%
7/28/2016
7:00:12 AM
Jun '16
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.37
$769.42 Mil
-
$0.28
$783.28 Mil
32.1%
-1.8%
300.1%
9.8%
4.0%
-3.5%
10/27/2016
7:00:07 AM
Sep '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$0.51
$765.60 Mil
$0.26
$0.27
$766.85 Mil
96.2%
-0.2%
-
-
3.4%
-12.2%
EPS
Rev
-
-
-
($0.14)
$747.75 Mil
-
-
-
-
EPS
Rev
-
-
-
$0.23
$758.40 Mil
-
-
-11.5%
0.3%
2/3/2011
$37.55
$1.58
$2.46 Bil
-
-
-
2/2/2012
$40.15
$2.13
$2.74 Bil
34.8%
11.5%
6.9%
1/31/2013
$48.66
$2.21
$2.90 Bil
3.8%
5.7%
21.2%
2/6/2014
$12.01
$3.24
$2.92 Bil
46.6%
0.7%
-75.3%
1/29/2015
$15.61
$0.20
$2.59 Bil
-93.8%
-11.2%
30.0%
1/29/2016
$14.69
$1.00
$3.04 Bil
400.0%
17.4%
-5.9%
1/29/2017
$22.45
$0.98
$3.04 Bil
-2.0%
0.0%
52.8%
1/29/2018
-
$1.09
-
11.2%
-
-

Price Projection

Current Value
$20
37%
Projected Price
$22
53%