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<a href="http://www.accessmylibrary.com/article-1G1-132059454/penn-beats-eps-views.html" title="Facts and information about Penn Beats EPS Views, Rises 19% To 31 Cents.(B)(NASDAQ STOCKS IN THE NEWS)">Penn Beats EPS Views, Rises 19% To 31 Cents.(B)(NASDAQ STOCKS IN THE NEWS)</a>
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Penn Beats EPS Views, Rises 19% To 31 Cents.(B)(NASDAQ STOCKS IN THE NEWS)
Byline: Katharine Stalter
Penn National Gaming ran up 175% from its February 2004 breakout, hitting an all-time high of 35.71 on Feb 11. It then pulled back and slipped beneath its 10-week moving average for seven weeks before rebounding. It may be shaping the right side of a new base.
The Wyomissing, Pa.-based casino and race track operator said Tuesday that first-quarter profit grew 19% to 31 cents per share, beating views by 3 cents. Revenue rose to $289 million from $285 million, a gain of just 1%.
The company expects second-quarter sales to rise 6% to $308 million, and net income, excluding debt ...
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