Pinnacle Entertainment Offers Q1 Sales At High End Of Estimate Range

Pinnacle Entertainment, Inc PNK, an owner and operator of casinos and related hospitality and entertainment facilities, reported on Monday preliminary first-quarter results.

Pinnacle Entertainment said that it expects its first-quarter revenue to be in a range of $577 million to $583 million. Consolidated EBITDA is expected to be in a range of $168 million to $174 million and income from continuing operation is expected to be in a range of $36 million to $44 million.

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Wall Street analysts were expecting Pinnacle Entertainment to report revenue of $577.6 million in its first quarter.

Pinnacle Entertainment added that it expects to release its final 2016 first quarter results in May.