[b]Penn National Gaming, Inc[/b] ([url=http://seekingalpha.com/symbol/PENN]PENN[/url]) is expected to report earnings for last fiscal quarter before the opening bell on October 20, 2011.
[b]Overview[/b]
Penn National Gaming, Inc. and its subsidiaries own and manage gaming and pari-mutuel properties in the United States. The company was founded in 1982 and is based in Wyomissing, Pennsylvania. You may read my other articles by [url=http://seekingalpha.com/author/robert-weinstein/articles/symbol/PENN]clicking HERE[/url].
[b]52 Week High: $44.29[/b]
[b]52 Week Low: $31.68[/b]
[b]Book Value: $24.57[/b]
[b]Float Short: 7.27%[/b]
On average, 16 analysts are expecting a drop of [color=Red]$-0.01[/color] in earnings per share compared to last quarter's results of $0.55. The reporting quarter's [b]estimated mean earnings are $0.54 per share[/b]. Analyst estimates range between $0.5 and $0.61 per share.
The P/E ratio has dropped, as the current trailing twelve months (ttm) P/E ratio is 3846, while the forward P/E ratio is now 19.
From a month ago, the stock has increased in price 5.40%, and 23.90% from one year ago.
The stock has done very well as compared to the overall market. When comparing to the S&P 500, the year to date difference is 12.38%.
Revenue year-over-year has increased to $2.46 billion for 2010 vs. $2.37 billion for 2009. The bottom line has rising earnings year-over-year of $-59.47 million for 2010 vs. $-264.95 million for 2009.The company's earnings before income and taxes are rising with an EBIT year-over-year of $153.23 million for 2010 vs. $-194.60 million for 2009.
[img]http://www.paid2trade.com/SAForm/BarChartPics/PENN-revgross-10-17-11.png[/img]
Gross reported revenue compared to the mean estimate (rounded).
[table][tr][td]Fiscal Quarter Ending Month-Year[/td] [td]Revenue Estimates[/td] [td]Actual[/td] [td]$ Difference[/td] [td]Difference %[/td][/tr] [tr][td]Jun-11[/td][td]$ 685.95 M[/td][td]$ 687.88 M[/td][td]$ 1.93 M[/td][td]0.28%[/td][/tr][tr][td]Mar-11[/td][td]$ 664.73 M[/td][td]$ 667.02 M[/td][td]$ 2.29 M[/td][td]0.34%[/td][/tr][tr][td]Dec-10[/td][td]$ 629.29 M[/td][td]$ 630.22 M[/td][td]$ 0.93 M[/td][td]0.15%[/td][/tr][tr][td]Sep-10[/td][td]$ 633.50 M[/td][td]$ 638.26 M[/td][td]$ 4.76 M[/td][td]0.75%[/td][/tr][tr][td]Jun-10[/td][td]$ 597.25 M[/td][td]$ 598.31 M[/td][td]$ 1.06 M[/td][td]0.18%[/td][/tr][/table]M = millions, B = billions
Differences are rounded. (Some onetime items are often excluded in reported EPS)
[img]http://www.paid2trade.com/SAForm/BarChartPics/PENN-PerShareEarningsSurprises-10-17-11.png[/img]
Reported earnings per share compared to the mean estimate. Differences are rounded.
[img]http://www.paid2trade.com/SAForm/BarChartPics/PENN-ShortInterestData-10-17-11.png[/img]
[img]http://www.paid2trade.com/SAForm/BarChartPics/PENN-DaysToCoverData.php-10-17-11.png[/img]
I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
