Revenue segments as reported by the company.

Gaming

Food, beverage, hotel and other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Gaming expenses

Food, beverage, hotel and other expenses

General and administrative

Depreciation and amortization

Impairment losses

Loss on disposal of Barstool

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Penn Entertainment

PENN Entertainment, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West, Midwest, and Other. The Northeast segment consists of properties including Ameristar East Chicago, Greektown Casino-Hotel, and Hollywood Casino Bangor. The South segment operates properties including 1st Jackpot Casino, Ameristar Vicksburg, and Boomtown Biloxi. The West segment includes Ameristar Black Hawk, Cactus Pete's and Horseshu, and M Resort. The Midwest segment consists of properties including Ameristar Council Bluffs, Argosy Casino Alton, and Argosy Casino Riverside. The Other segment manages properties including Freehold Raceway, Retama Park Racetrack, and Sanford-Orlando Kennel Club. The company was founded by Peter M. Carlino in 1982 and is headquartered in Wyomissing, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Penn Entertainment reports strong Q4 performance and plans for growth

Penn Entertainment's Q4 2022 performance was strong, driven by the Interactive segment and successful Barstool Sportsbook launches in Ohio.
The company's focus on technology enhancements, ESG initiatives, and responsible gaming accreditation positions it well for future growth.
While facing challenges like quarterly profitability fluctuations and labor costs, Penn Entertainment is poised to capitalize on opportunities in market expansion and customer engagement.
Strategic planning for the football season, deeper integration post-Barstool acquisition, and aggressive marketing post-migration highlight Penn Entertainment's proactive approach to driving profitability and market share growth.

PENN reports strong Q1 earnings, eyes tech migration for growth

PENN's Q1 performance driven by strong Northeast results, facing challenges in the South.
Barstool Sports acquisition and loyalty program signups highlight growth opportunities.
Stalled iGaming legislation poses challenges, while tech migration sets up future prospects.
Focus on seamless customer experience and unique content creation for sustained success.

Penn Entertainment partners with ESPN for strategic online betting launch

Penn Entertainment's Q2 performance reflects a strategic shift towards online sports betting through the ESPN partnership, emphasizing technology investments and customer-centric strategies.
While facing challenges in partnership transitions and marketing expenditure, the company's strengths in differentiation, market access, and financial stability position it for long-term success.
Opportunities lie in expanding online casino presence, seamless app integration, and leveraging ESPN's brand for sustained growth and profitability beyond 2025.

Penn Entertainment reports stable Q3 earnings, eyes market expansion opportunities

Penn Entertainment's Q3 performance was solid, with stable revenues and a focus on market share growth. Challenges include upcoming EBITDA loss in the interactive segment and cost creep in insurance. However, opportunities lie in market expansion in Ontario and the U.S., with a strong emphasis on retention and gradual growth strategies.

Penn Entertainment reports strong Q4 2023 performance and outlines growth strategies for 2024

Penn Entertainment's Q4 2023 marked significant achievements in EBITDAR and retail segment performance, with a focus on digital segment growth.
The company faces challenges in the interactive segment but anticipates improvements in 2024 through strategic initiatives.
Opportunities lie in expanding market reach, enhancing product offerings, and leveraging cross-selling between digital and retail segments.
Maintaining financial stability and liquidity while investing in growth initiatives sets a positive trajectory for Penn Entertainment in 2024.

PENN Entertainment's Q1 2024: Strong Digital Growth Amid Challenges

PENN Entertainment's Q1 2024 reflects strong digital progress, despite challenges like lower spend per user and margin decline in retail.
The company's strategic focus on user engagement, product enhancements, and market share scenarios positions them for future growth and success.
With a clear roadmap for the Interactive segment, PENN aims to drive towards breakeven in 2025 and strengthen its position in the online sports betting market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

PENN Entertainment, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West, Midwest, Interactive, and Other. The Northeast segment consists of properties including Ameristar East Chicago, Greektown Casino-Hotel, and Hollywood Casino Bangor. The South segment operates properties including 1st Jackpot Casino, Ameristar Vicksburg, and Boomtown Biloxi. The West segment includes Ameristar Black Hawk, Cactus Pete's and Horseshu, and M Resort. The Midwest segment consists of properties including Ameristar Council Bluffs, Argosy Casino Alton, and Argosy Casino Riverside. The Interactive segment operates the online sports betting and casino applications. The Other segment manages properties including Freehold Raceway, Retama Park Racetrack, and Sanford-Orlando Kennel Club. The company was founded by Peter M. Carlino in 1982 and is headquartered in Wyomissing, PA.

The shares of PENN Entertainment Inc (NASDAQ:PENN) are trading below $32.23, which coincides with the round $5 billion market cap, as well as their early November, pre-earnings close of $32.83.

Casino Stock Ripe for Downgrades

Caesars Entertainment

PENN Entertainment shares have tumbled nearly 35% this year. Caesar shares have dropped over 45%.

PENN and Caesars Stocks Get Downgrades as Spending on Gaming Flattens

Bank of America Securities expressed hesitancy towards a couple of casino staples earlier, downgrading both Caesars Entertainment Inc (NASDAQ:CZR) and PENN Entertainment Inc. (NASDAQ:PENN) to "neutral" from "buy.

Analyst: Avoid These 2 Casino Stocks

Bears worried about the U.S. regional casino sector due to a recession hitting the sector hard are wrong. History says otherwise. Nevada casinos took a combined 2008/9 revenue hit at the bottom of the financial crisis, but regional casinos poached stay close to home business.

Penn Entertainment: Recession Bogeyman Won't Spook This Undervalued Leader

WYOMISSING, Pa.--( BUSINESS WIRE )--PENN Entertainment (Nasdaq: PENN) (“PENN” or the “Company”) announced today that it has expanded its Science, Technology, Engineering and Mathematics (“STEM”) Scholarship Program in partnership with Historically Black Colleges and Universities (“HBCUs”). PENN is pleased to partner with three new participating Universities: Jackson State University in Mississippi, Prairie View A&M University in Texas and Southern University and A&M College in Louisiana. The program now features six HBCUs in total.

PENN Entertainment Expands STEM Scholarship Program in Partnership with Historically Black Colleges and Universities

DraftKings

Shares of DraftKings Inc. DKNG, -1.30% dropped 5.9% in premarket trading Monday, after J.P. Morgan analyst Joseph Greff turned bearish on the online sports betting and fantasy sports company, saying he sees a "longer runway and more risk" to achieving online-sports-betting (OSB) profitability than peers.

DraftKings stock sinks after J.P. Morgan turns bearish, PENN Entertainment also downgraded

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The average of price targets set by Wall Street analysts indicates a potential upside of 54.9% in PENN Entertainment (PENN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think PENN Entertainment (PENN) Could Surge 55%: Read This Before Placing a Bet

PENN Entertainment, Inc. (NASDAQ:PENN ) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Joe Jaffoni – Investor Relations Jay Snowden – Chief Executive Officer Felicia Hendrix – Chief Financial Officer Todd George – Head-Operations Conference Call Participants Omer Sander – JPMorgan Shaun Kelley – Bank of America Barry Jonas – Truist Securities Steve Wieczynski – Stifel Ryan Sigdahl – Craig-Hallum Capital David Katz – Jefferies Jason Tilchen – Canaccord Genuity Bernie McTernan – Needham & Company Jordan Bender – JMP Securities Joe Stauff – Susquehanna Operator Greetings, and welcome to the PENN Entertainment Third Quarter Results Conference Call. During the presentation, all participants will be in a listen-only mode.

PENN Entertainment, Inc. (PENN) Q3 2022 Earnings Call Transcript

PENN Entertainment (PENN) delivered earnings and revenue surprises of 89.47% and 2.78%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

PENN Entertainment (PENN) Beats Q3 Earnings and Revenue Estimates

Churchill Downs

MGM Resorts

Casino stocks have witnessed a steep drop amidst record inflation and recessionary fears this year. These headwinds are linked to lower consumer discretionary spending, resulting in massive sell-offs in all major casino and gaming equities.

Ranking the 3 Top Casino Stocks to Buy From Best to Worst

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it intends to relocate its riverboat casinos in Aurora and Joliet, Illinois to new land-based facilities and to build a new hotel at Hollywood Columbus in Ohio and a second hotel tower at the M Resort in Henderson, Nevada. Jay Snowden, Chief Executive Officer and President of PENN Entertainment, commented: “We are delighted to announce these exciting new growth projects, whic

PENN Entertainment to Pursue Four New Growth Projects, Including the Land-based Relocations of Hollywood Casinos in Aurora and Joliet (Illinois) and New Hotels at Hollywood Casino Columbus (Ohio) and the M Resort (Nevada)

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2022 third quarter financial results at 7:00 a.m. ET on Thursday, November 3, 2022 followed by a conference call and simultaneous webcast at 9:00 a.m. ET. Both the call and webcast are open to the general public. The conference call number is 212/231-2915; please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also acc

PENN Entertainment to Report Third Quarter Results and Host Conference Call and Webcast on November 3

DoubleDown Interactive Co Ltd

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PayPal

Stitch Fix

Zoom Video

The miserable year for tech stocks just won't end, so nobody could really blame you if you started looking for tech stocks to sell. While tech seemed to have a resurgence in August and gave growth investors some hope in an utterly miserable year on the market, the sector is once again on the downturn.

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Beyond Meat

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These high-flying stocks have fallen flat as investments.

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Penn National (PENN) focuses on transitioning Barstool Sportsbook to theScore player account management and trading platform to drive growth. However, inflationary pressures are a concern.

Here's Why Investors Should Retain Penn National (PENN) Stock

Invitation Homes

The S&P 500 index will ditch part of its bet on sports gambling in favor of a different business: renting houses.

Penn National dropped from S&P 500 for one of America's largest institutional landlords

FuboTV

There are a wealth of companies to choose from when you're looking for the best sports betting stocks. Sports betting stocks have been one of the more compelling investment options for investors since 2018.

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Domestic casino and gaming operator PENN Entertainment (NASDAQ: PENN) stock has changed its name to reflect the nature of its gaming businesses.

PENN Entertainment Stock is Reset and Ready to Rebound

Penn looks like a sleeping giant to us with its price very attractive at $33 against general sector peers. No exposure to Asia, no mega-ambitions for Vegas Strip far too costly given best forward projections. It stays in its lane.

Penn Entertainment: Mr. Market Still Doesn't Get Why It's Undervalued As Regionals Recover

While the market still faces significant uncertainty, these companies are worth a closer look.

News for Penn Entertainment Stock (PENN)