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Highest Future Earnings Growth in the Casinos & Gaming Industry Detected in Shares of Penn National Gaming (PENN, CNTY, CHDN, MGM, BYD)

By James Quinn

Below are the three companies in the Casinos & Gaming industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Penn National Gaming ranks highest with a future earnings growth of 75.4%. Following is Century Casinos with a future earnings growth of 29.4%. Churchill Downs ranks third highest with a future earnings growth of 24.8%.

MGM Resorts International follows with a future earnings growth of 23.9%, and Boyd Gaming rounds out the top five with a future earnings growth of 21.4%.

SmarTrend recommended that subscribers consider buying shares of Penn National Gaming on November 16th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $13.67. Since that recommendation, shares of Penn National Gaming have risen 41.4%. We continue to monitor Penn National Gaming for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest future earnings growth penn national gaming century casinos churchill downs mgm resorts international boyd gaming

Ticker(s): PENN CNTY CHDN MGM BYD