Here are the highlights of Penn National Gaming Inc's (PENN) earnings for the third quarter:
- **Earnings**: The company reported a loss of $36.7 million for Q3, compared to a significantly larger loss of $724.8 million in the same quarter last year.
- **Earnings per Share (EPS)**: EPS for Q3 stood at a loss of $0.24, a substantial improvement from the loss of $4.80 per share in the same period the previous year. Adjusted earnings per share, excluding certain items, were reported at -$0.25.
- **Revenue**: Revenue for the third quarter reached $1.639 billion, slightly higher than the $1.619 billion reported in the same period last year.
Analysts had projected an EPS of -$0.24 per share for Q3.