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.

This report is about Penn National Gaming Inc. (NASDAQ:PENN) and covers the company's fiscal year ended Dec. 31, 2020. Listed earnings and metrics utilizing earnings are for that specific 12-month time period unless otherwise noted.

Penn National Gaming - A Fair Value Report

DraftKings

Legal sports betting for the event could even reach $1.5 billion, analysis says.

DraftKings, Penn National Could Cash In on $1 Billion March Madness

Penn National Gaming jumped to an all time-high of $142 a share on Monday, recording a 31% gain since the stock's closing price on March 5 as investors cheered its inclusion in the S&P 500. On Friday S&P Dow Jones Indices announced it will add Penn National Gaming into the S&P 500 benchmark index on March 22. Penn was previously in the S&P 400 MidCap index.  The company acquired a 36% stake in Barstool sports in January 2020, and Barstool founder Dave Portnoy says he owns "a ton of Penn Stock," in his twitter bio.

Penn National Gaming hits record high, extending one week gain to 31% ahead of S&P 500 inclusion

Penn National Gaming is among the top-rated gambling stocks as more states allow sports betting and online wagering. The post Is Penn Stock A Buy Now Ahead Of S&P 500 Entry?

Is Penn Stock A Buy Now Ahead Of S&P 500 Entry?

Caesars Entertainment

Penn National Gaming Inc. PENN will join the S&P 500 index SPX along with three other companies, S&P Indices announced Friday. Penn, which has seen its stock rise more than 700% in the past year amid further legalization of sports betting and its acquisition of popular sports website Barstool, will join the index along with another gambling concern, Caesars Entertainment Inc. CZR NXP Semiconductors NV NXPI will replace Flowserve Corp. FLS in the index, with Flowserve dropping down to the S&P MidCap 400.

S&P 500 bets on Penn National Gaming and Caesar's in index reshuffle

Illinois is a booming market with massive handle, where DraftKings currently reigns.

Penn National's Barstool Opens in Illinois as March Madness Nears

Penn National (PENN) continues to focus on sports betting expansion. The company plans to open Barstool Sportsbook mobile app in Illinois.

Penn National (PENN) Expands Online Sports Betting in Illinois

Apollo Global Management

Century Casinos

Gaming and Leisure Properties

Las Vegas Sands

MGM Resorts

MGM Growth Properties

Vici Properties

The industry may fail to bounce back until demand returns, which could be a very long time from now.

Are There Too Many Casinos in Las Vegas?

WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (Nasdaq: PENN)(“Penn National” or the “Company”) announced today that the Illinois Gaming Board (“IGB”) has approved the Company's application to offer online sports wagering in Illinois. The Company plans to launch its Barstool Sportsbook mobile app on iOS and android, as well as for desktop users, at 12:00pm CST on March 11th, 2021. “We are extremely excited to launch our online Barstool Sportsbook in Illinois just as the college ba

Penn National Gaming to Launch Barstool Sportsbook Mobile App in Illinois

Mid Penn Bancorp (MPB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Mid Penn Bancorp (MPB) Soars 5.4%: Is Further Upside Left in the Stock?

How should investors judge Penn National Gaming's sports gambling success thus far?

This Sports Gambling Stock Is Getting the Most From Its Secret Weapon

As sports gambling stocks continue to benefit from a paradigm shift, it's no surprise that the shares of Penn National Gaming, Inc (NASDAQ:PENN) boast a massive year-over-year lead of 261.6%.

Fresh Highs in the Fold for Gambling Stock, Says Bull Signal

Bally's

DraftKings, Penn, and others could benefit, but Lone Star legalization may face an uphill battle.

Texas State Representative Introduces Sports Betting Legalization Bill

The state is now likely to allow seven or 14 partnerships rather than a sports betting monopoly.

Penn National Gaming's New York Casino Partnership Opens Up State Access

NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Penn National Gaming (NASDAQ: PENN), i3 Interactive (CSE: BETS) (OTC: BLITF), FansUnite (OTC: FUNFF) (CSE: FANS), and Score Media and Gaming (OTC: TSCRF) (TSE: SCR).

Sports Betting Boom: CEO's of Penn National, FansUnite, Score Media and i3 Interactive Seize New Market Opportunities as Legalization Expands

WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced today that it has entered into a 20-year strategic partnership with Capital Region Gaming, LLC d/b/a Rivers Casino & Resort that will provide Penn Interactive, a wholly owned subsidiary of Penn National, with “second skin” access to the New York mobile sports betting and iCasino market, subject to legislation being enacted and regulatory approvals. “Gaining potential acce

Penn National Gaming Secures Sports Betting and Online Casino Market Access in New York Through Strategic Partnership With Rivers Casino

Rush Street Interactive

CHICAGO--(BUSINESS WIRE)--Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), one of the most trusted and fastest-growing online casino and sports betting companies in the United States, today announced that it has secured market access opportunities in Ohio, Maryland and Missouri. RSI has entered into a strategic partnership agreement with Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National”). Under the terms of the agreement, RSI will have the ability to offer its award-winning BetRivers

Rush Street Interactive Secures Online Casino and Sports Betting Market Access Opportunities in Ohio, Maryland and Missouri

Michigan legalized online sports betting and officially launched with 10 operators on Jan. 22. The results from the month of January are out and show a close race between the top four operators.

FanDuel, DraftKings Take Early Lead In Michigan, But Here's How Barstool Could Be A Big Winner

Although BofA Securities sees DraftKings Inc. (NASDAQ: DKNG) and FanDuel as the initial captains of the sports betting space, analyst Shaun Kelley said both Penn National Gaming Inc. (NASDAQ: PENN) and MGM Resorts International (NYSE: MGM) “are formidable opponents” that continue to grow market share in the states where online gambling is legal. BofA's Sports Betting Takeaways: MGM, through its BetMGM platform, currently holds the No.

Why BofA Sees $2B Opportunity In Canadian Sports Betting

Penn Virginia (PVAC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Penn Virginia (PVAC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Penn Virginia (PVAC) Stock Undervalued Right Now?

Why this company is the best way to invest in a growing space.

The Best Sports Gambling Stock to Buy

Bumble

Target

These companies could help turn that stimulus cash into much, much more.

More Stimulus Checks Are Coming: 3 Top Stocks to Buy if You've Got Extra Money

Cathie Wood's firm may like the online gambling company's prospects, but I see a rival as better-positioned for long-term success.

Ark Invest Purchased a Stake in DraftKings: Here's 1 Gambling Stock to Buy Instead

Flutter Entertainment PLC

Sports betting apps like FanDuel, DraftKings, Penn National Gaming app and BetMGM experienced technical issues right before the Super Bowl on Sunday (Feb. 7), CNBC reported. As the game was about to start, technicians tried to fix issues on those platforms and others in order to help placate disgruntled fans, according to CNBC.

News for Penn Entertainment Stock (PENN)