Penn National Reports Record Earnings

Summary


Penn National Gaming Inc., parent of Charles Town Races & Slots, reported record fourth-quarter earnings of $9.19 million, or 23 cents per share. The company attributed its performance to managers of its various properties.

Analysts surveyed by Thomson First Call expected earnings of 34 cents per share.

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Extract


Penn National Reports Record Earnings

Fourth-quarter net income in 2003 was $7.63 million, or 1...

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