The company’s casino segment was particularly strong, surpassing revenue expectations by 1% and EBITDAR by 2%. Penn National Gaming’s 3Q23 earnings report showed revenue of $1,619M, which was in line with consensus.
Jordan Bender from JMP Securities firm has given a Hold rating to Penn National Gaming’s stock, based on a range of factors. JMP Securities analyst Jordan Bender has maintained their neutral stance on PENN stock, giving a Hold rating today.
