This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXNPEC3B0CQ_M.jpg
Over the past five days, the stock has declined 13.7% in price to close its last trading session at $61.76.
PENN’s weak bottom-line is reflected in its third-quarter earnings report. Its net income declined 39% from its year-ago value to $86.10 million in the quarter ended September 30. PENN’s EPS has decreased 44.1% year-over-year to $0.52, which missed the $0.89 consensus EPS estimate by 41.5%. However, PENN’s total revenues increased 33.8% year-over-year to $1.51 billion.
