Penn National Gaming Expects 2Q Revenue of Up to $1.555 Billion
June 24 2021 - 8:30AM
Dow Jones News
By Dave Sebastian
Penn National Gaming Inc. said it expects revenue for the second
quarter of $1.45 billion to $1.555 billion, compared with $305.5
million in the year-ago period.
The Wyomissing, Pa., gaming company on Thursday said it expects
adjusted earnings before interest, taxes, depreciation and
amortization of $240 million to $260 million.
It also said it plans to offer $400 million in eight-year senior
unsecured notes in a private offering.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
June 24, 2021 08:21 ET (12:21 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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