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

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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

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Impairment losses

Loss on disposal of Barstool

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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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.

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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.

What makes this company so well-positioned for success?

1 Stock Poised for a Bull Run

WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it will release its 2020 fourth quarter financial results at 7:00 a.m. ET on Thursday, February 4, 2021 and will host a conference call and simultaneous webcast at 9:00 a.m. ET on Thursday, February 4, 2021. Both the call and webcast are open to the general public. The conference call number is 212/231-2907; please call five minutes in advance to ensure that you are connected prior to the presentati

Penn National Gaming to Report Fourth Quarter Results and Host Conference Call and Webcast on February 4

“We believe the magnitude of the stock's outperformance is unwarranted,” wrote Loop Capital's Daniel Adam. “Simply put, there are too many red flags for us to justify a Hold rating, we are downgrading the stock to Sell.

Cash In Now on Penn National, One Analyst Says, as Red Flags Abound After Sharp Rally

The shares of Penn National Gaming, Inc (NASDAQ:PENN) are flat this morning, last seen up 0.02% at $103.60, amid news that the gambling concern will partner with Choice Hotels (CHH).

Hotel Partnership Leaves Penn National Gaming Stock Static

Choice Hotels Int.

Choice Hotels (CHH) and Penn National (PENN) are expanding their loyalty programs to broaden their offerings.

Choice Hotels (CHH) Ties Up With Penn National to Boost Offerings

ROCKVILLE, Md. and WYOMISSING, Pa., Jan. 13, 2021 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) has entered into a strategic agreement with Penn National Gaming, Inc. (NASDAQ: PENN), the nation's largest regional and most broadly diversified gaming company with 41...

Choice Hotels And Penn National Gaming Team Up To Offer More Fun And Entertainment Through The Ascend Hotel Collection

Sports betting continued to be a big story in 2020 even as the sporting world faced major disruptions with scheduling due to the COVID-19 pandemic. What Happened: Thanks in part to its 30% ownership stake in Barstool Sports, shares of Penn National Gaming (NASDAQ: PENN) were up over 230% in 2020.

Boosted By Barstool, Penn National's Stock Passes MGM, $100 Share Price: So What's Next?

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The COVID-19 pandemic absolutely crushed gambling stocks in late March of last year.

One Online Gambling Stock Has Jumped by 261% in the Past Year, Others Poised to Follow

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Here's Why I Still Like My Best Buys From 2020

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2021 might be a great year to bet on gambling stocks.

Why Your 2021 Resolution Should Be to Buy More Gambling Stocks

GRANTVILLE, Pa. & WASHINGTON, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (“Penn National” or the “Company”) announced today that the Company's two Pennsylvania casinos, Hollywood Casino at Penn National Race Course (“Hollywood Casino”) and The Meadows Racetrack and Casino (“The Meadows”), are partnering with Barstool Sports on a promotion this weekend to raise money for Pennsylvania small businesses impacted by the COVID-19 pandemic. The fundraiser will begin at 8:00am on Saturday, Januar

Penn National Gaming Partnering With Barstool Sports to Raise Money for Pennsylvania Small Businesses This Weekend

Roundhill Sports Betting & iGaming ETF

Caesars Entertainment

Flutter Entertainment PLC

New York Gov. Andrew Cuomo delivered a big win for sports betting firms Wednesday, when he announced that he now supports legislation to make online sports betting legal throughout the state. Casino stocks and online sports betting players popped on the news.

New York Gov. Has Changed His Tune on Online Sports Betting. These Stocks Jumped.

Bally's

DraftKings and other gaming stocks got a boost Wednesday as New York Gov. Andrew Cuomo seems closer to allowing online sports betting in the state.

DraftKings, MGM, Other Gaming Stocks Rise As New York Gov. Cuomo Eyes Legalizing Online Sports Betting

Gov. Cuomo to embrace online betting --- says New York could be 'largest sports wagering market in the United States'

Sports betting stocks jump as New York Gov. Cuomo says he supports online sports gambling

Penn National Gaming, Inc (NASDAQ: PENN) announced today that  David Williams has stepped down as Executive Vice President and Chief Financial Officer. He will be succeeded by Felicia Hendrix.

Penn National Gaming (PENN): Felicia Hendrix Named As CFO And EVP

WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National” or the “Company”) announced today that David (“Dave”) Williams, has stepped down as Executive Vice President and Chief Financial Officer (“CFO”) as of December 31, 2020. Taking his place, subject to customary regulatory approvals, will be Felicia Hendrix, who will be joining Penn National as Executive Vice President and CFO on March 2nd following more than 20 years as an equity research analyst covering

Penn National Gaming's Chief Financial Officer, David Williams, Announces Decision to Step Down; 20-Year Veteran Gaming Industry Analyst, Felicia Hendrix, Named New Executive Vice President and Chief Financial Officer

PENN is positioned for sustainable growth as a direct beneficiary of legislative tailwinds occurring across the country. Penn National Gaming has multiple verticals for future revenue growth via their digital media, online/interactive gaming, and land-based casino offerings.

Penn National Gaming: A Calculated Risk For Each Half Of 2021

Casinos were shut down for part of the year but online gambling was the real focus for investors.

Online Gambling Caught Fire in 2020

The shares of Penn National Gaming have more than doubled since February highs primarily due to the strong success of its Barstool Sportsbook App, which has become the most downloaded sports betting application in the country. In October, the application received $48 million of total handle.

Why Penn National Gaming Stock Looks Pricey

Penn National (PENN) continues to focus on sports betting expansion. The company plans to open 3 Sportsbooks, subject to final regulatory approvals.

Penn National (PENN) to Boost Barstool Brand With 3 Sportsbooks

Penn National Gaming, Inc (NASDAQ: PENN) recently received a stock price target increase from $85 to $101 by Bank of America. These are the details.

Penn National Stock Price: Target Increased To $101 From $85 By Bank of America

WYOMISSING, Pa. & DETROIT--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced today that it expects to open its Barstool Sportsbook at Greektown Casino Hotel (“Greektown Casino”) on December 23, 2020, subject to any final regulatory approvals. “We are thrilled to be opening our new Barstool Sportsbook,” said John Drake, Vice President and General Manager at Greektown Casino. “The new design showcases the spirit of the Barstool Sports brand, r

Penn National Gaming Set to Open Barstool Sportsbook at Greektown Casino Hotel

WYOMISSING, Pa. & LAWRENCEBURG, Ind. & EAST CHICAGO, Ind.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced today that it expects to open its rebranded Barstool Sportsbooks at Hollywood Casino Lawrenceburg (“Hollywood Lawrenceburg”) on December 23, 2020 and Ameristar East Chicago Casino & Hotel (“Ameristar East Chicago”) on December 24, 2020, subject to any final regulatory approvals. “We are very excited to be opening our newly branded

Penn National Gaming Set to Open Barstool Sportsbooks at Hollywood Casino Lawrenceburg and Ameristar East Chicago This Week

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Here we discuss three gaming stocks, CCOEY, DKNG and PENN, which have gained more than 100% in 2020 from coronavirus-induced spike in video games sales, online viewing of e-sports and e-sports betting.

3 Gaming Stocks That Have Gained More Than 100% in 2020

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Travel stocks were hit hard by COVID, so how did these three exceptions produce eye-popping gains?

News for Penn Entertainment Stock (PENN)