PENN: Consensus Points To Q1 Revenues Of $1.14 Billion

Penn National Gaming (NASDAQ: PENN) will be reporting its first quarter financial results on May 6th before market open. Analysts have a consensus $110.07 12-month price target on the company, via a total of 15 analysts, with two analysts having strong buy ratings. Seven analysts meanwhile have buy ratings, four analysts have hold rating and two analysts have hold ratings. The street high currently sits at a $153 price target, and the lowest target sits at $31.

Only 13 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 13 analysts is $1.14 billion; this number has been revised downwards from $1.15 billion at the start of the year. The highest revenue estimate is $1.22 billion, while the lowest is $1.04 billion.

The analyst consensus for net income for the first quarter is $42.48 million, this is practically flat since the start of the year. The highest net income estimate is $89.70 million, while the lowest is $2 million.

Onto EBITDA estimates, there are currently only 13 analysts who have first-quarter EBITDA estimates. The mean is currently $394.75 million, with this number having been revised slightly higher from $387.37 million at the start of the year. The street high estimate currently sits at $422.1 million in EBITDA and the lowest is $351.08 million.

Analysts estimate that quarterly earnings per share will come in at $0.29, with this number being slightly revised up from $0.22 at the start of the year. Street high is $0.63 and the lowest estimate is $0.02 per share for the quarter.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

What Happens If Silver Finally Breaks $50? | Gary Thompson – Silver47

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

CloudMD: Canaccord Raises Price Target To $3.75

Wednesday morning, it was announced that CloudMD Software & Services (TSXV: DOC) is acquiring VisionPros,...

Friday, February 19, 2021, 04:01:00 PM

Roku: Analysts Expect Positive Net Income For Q2 2021

Roku Inc (NASDAQ: ROKU) will be reporting its second quarter financial results after the market...

Wednesday, August 4, 2021, 03:10:00 PM

Medipharm Labs: Canaccord Lowers Targets After Earnings

On August 16, Medipharm Labs (TSX: LABS) reported their second quarter financial results. The company...

Friday, August 20, 2021, 07:54:00 AM

Canaccord Names Trulieve, Ayr Wellness Among 2022 Top Picks

On December 14th, Canaccord Genuity released their top picks going into 2022, with names like...

Thursday, December 16, 2021, 03:35:00 PM

BMO: IAMGOLD Has A Funding Gap

Last week, IAMGOLD Corporation (TSX: IMG) reported its second-quarter results. The company said it produced...

Sunday, August 7, 2022, 05:03:00 PM