Pinnacle Entertainment Q4 Profit Beats Estimates - Quick Facts

(RTTNews) - Pinnacle Entertainment, Inc. (PNK) reported fourth-quarter net income to company of $14.55 million or $0.24 per share, compared to $15.01 million or $0.25 per share, prior year. Income from continuing operations increased to $14.19 million from $8.65 million. Income per share from continuing operations was $0.23, compared to $0.14. Adjusted earnings per share was $0.40, for the quarter.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.29 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $554.29 million from $535.04 million last year. Analysts expected revenue of $553.05 million for the quarter.