LAS VEGAS (AP) _ Pinnacle Entertainment Inc. (PNK) on Thursday reported third-quarter profit of $13.7 million.
On a per-share basis, the Las Vegas-based company said it had profit of 22 cents. Earnings, adjusted for non-recurring costs, were 36 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
The casino operator posted revenue of $578.6 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $580 million.
Pinnacle Entertainment shares have climbed 63 percent since the beginning of the year. The stock has climbed 46 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PNK at http://www.zacks.com/ap/PNK
_____
Keywords: Pinnacle Entertainment, Earnings Report
