Earnings Estimate Forecast on Pinnacle Entertainment, Inc.(PNK)

Pinnacle Entertainment, Inc.(PNK): For the most recent quarter end, Pinnacle Entertainment, Inc. reported Annual Earnings of $-0.01. Based on the filings, last years Annual Earnings was, $1.73. For the most recent quarter end, PNK reported a surprise Earnings per Share of -150% . The consensus estimate for current quarter is $-0.07 and for the current fiscal year, the estimate is $-0.12. For the Next fiscal year, the estimate is $-0.04 based on the consensus. Las Vegas based Pinnacle Entertainment, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 22, 2017.

According to the corporate earnings calendar, Pinnacle Entertainment, Inc. will release next earnings on Feb 22, 2017 with an estimated EPS consensus of $-0.07. Based on the consensus of stock financial advisors the stock has a price target of $17.5. Current year estimate on EPS consensus is $-0.12. The Estimated EPS rate for Long term growth is $5.

For Dividend Investing Stock Market Traders Pinnacle Entertainment, Inc. has a Dividend Yield of 0% with an Annual Dividend of $0.

Pinnacle Entertainment Inc Last issued its quarterly earnings results on Feb 22, 2017. The company reported $-0.16 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $-0.13. The company had revenue of $637.40 million for the quarter, compared to analysts expectations of $633.32 million. The companys revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

Company has reported several Insider transactions to the SEC, on Sep 16, 2016, Anthony Michael Sanfilippo (CEO) purchased 20,750 shares at 11.20 per share price.On Jun 15, 2016, Troy A Stremming (EVP, Govt Relations) purchased 15,000 shares at 11.40 per share price.On Jun 7, 2016, Carlos Ruisanchez (CFO) purchased 30,000 shares at 11.02 per share price.

Pinnacle Entertainment, Inc. (NASDAQ:PNK) rose 3.19% or 0.52 points on Wednesday and made its way into the gainers of the day. After trading began at $16.18 the stock was seen hitting $17.32 as a peak level and $16.18 as the lowest level. The stock ended up at $16.8. The daily volume was measured at 691,989 shares. The 52-week high of the share price is $17.32 and the 52-week low is $9.72. The company has a market cap of $936 million.

Pinnacle Entertainment is a diversified gaming company that owns and operates casinos in Indiana, Louisiana, Mississippi, Nevada and Argentina and is pursuing the development of a hotel and casino resort in Lake Charles, Louisiana. The Company also receives lease income from two card club casinos, both in the Los Angeles metropolitan area.

Pinnacle

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