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.

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three months ended March 31, 2024. Jay Snowden, Chief Executive Officer and President, said: “Our property level performance showed resilience this quarter, with stable trends continuing into April following portfolio-wide severe weather through mid-February. Meanwhile, ESPN BET continues to drive strong top of funnel demand due to the reach and affinity f.

PENN Entertainment Reports First Quarter Results

Beyond analysts' top -and-bottom-line estimates for PENN Entertainment (PENN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Seeking Clues to PENN Entertainment (PENN) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

PENN Entertainment (PENN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: PENN Entertainment (PENN) Q1 Earnings Expected to Decline

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN)(“PENN” or the “Company), North America's leading provider of integrated entertainment, sports content and casino gaming experiences, published today its 2023 Corporate Social Responsibility (“CSR”) report. The full report is available on the corporate responsibility page of the Company's website. The report details the broad range of PENN's Environmental, Social, and Governance (ESG) efforts, which focus on providing supp.

PENN Entertainment Publishes 2023 Corporate Social Responsibility Report

Disney

Aaron LaBerge, who helped oversee Disney's expansion into streaming during two stints totaling 20 years, is exiting the company. On July 1, the exec will become Chief Technology Officer at Penn Entertainment, holding the same title he did at the end of his Disney run. Penn is largely known for its gaming operation.

Disney Technology Chief Aaron LaBerge Exits For CTO Role At ESPN Bet Partner Penn Entertainment

Walt Disney Co. DIS, +0.63% Chief Technology Officer Aaron LaBerge is leaving in June to take a similar role at Penn Entertainment Inc. PENN, +2.69%, a sports-entertainment company. “We want to thank Aaron for the contributions he has made and the leadership he has provided at Disney over his 20 years,” Disney said in a statement on Monday.

Disney CTO LeBarge is headed to Penn Entertainment in June

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) announced today that Aaron LaBerge has been named Chief Technology Officer (“CTO”) effective July 1, 2024, subject to customary regulatory approvals. Mr. LaBerge will report directly to PENN CEO & President Jay Snowden. In his new role, Mr. LaBerge will be responsible for driving the technology strategy and execution for PENN, while leading the multinational team of technologists and serving.

PENN Entertainment Names Aaron LaBerge Chief Technology Officer

PENN Entertainment (PENN) emphasizes strategic investments and product enhancements to drive growth. However, an uncertain macroeconomic environment is a concern.

Here's Why You Should Retain PENN Entertainment (PENN) Stock

DraftKings

Flutter Entertainment PLC

Most states have now legalized sports betting to some degree, But the industry is far from having reached its eventual potential size. Helping drive the industry's growth is the tax revenue that the states receive.

3 Sports Betting Stocks I'm Watching

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2024 first quarter financial results at 7:00 a.m. ET on Thursday, May 2, 2024 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 203-518-9843; please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access t.

PENN Entertainment to Report First Quarter Results and Host Conference Call and Webcast on May 2

Online gaming is in focus this morning after seven of the largest U.S. based names in that space came together to form ROGA – the Responsible Online Gaming Association. Which of the seven U.S.

U.S. sportsbooks come together on responsible gaming

PENN Entertainment recently partnered with ESPN to launch ESPN Bet, expanding its sports betting and iCasino businesses. The company's profitability has been impacted by its efforts to gain market share in the sports betting market, resulting in losses and lower margins. The company's valuation is currently low, with a P/S multiple near its historical bottom, and the potential for revenue growth through ESPN Bet could drive stock price elevation.

PENN Entertainment: Wait For Reevaluation

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (the “Company”) announced today that the Company's Chief Executive Officer and President, Jay Snowden, will participate in a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thursday, March 14, 2024 at 1:50 p.m. ET. The Company's management will also host meetings with institutional investors at the conference. Interested parties may access a live audio webcast of the f.

PENN Entertainment to Participate in J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 14

PENN Entertainment disappointed investors with earnings missing expectations for Q4 and a surprisingly rocky start for ESPN BET. This year, PENN has found itself locking horns with HG Vora, a New York hedge fund that owns an 18.5% economic interest in the company. After Q4 earnings, this is likely to escalate.

Investors Are Fed Up With PENN: Still A Value Play And Now A Potential Activist/Buyout Target

PENN Entertainment's recent financials were disappointing, with a decline in gaming revenues and a rise in expenses. The company's balance sheet shows stable long-term debt levels and a drop in financing obligations, but a decrease in shareholder equity.

PENN Entertainment: Sell Off Creates Income Opportunity

BorgWarner

Pfizer

In a volatile market, many investors follow the strategy of chasing their winners higher. Money has flooded stocks such as Nvidia (NASDAQ: NVDA ).

3 Steal-of-a-Deal Stocks to Snap Up Right Now

PENN's recent 13% stock crash reflects the market unease over higher-than-expected Q4 losses and doubts about the $400 million investment in ESPN Bet, showcasing investor skepticism. Penn's retail segment though is underappreciated with 43 properties and estimated cumulative free cash flow of ~$1.7 billion over three years. Despite ESPN Bet uncertainties, I believe PENN stock is trading at over a 100% discount to the intrinsic value of its retail segment.

PENN Entertainment: Unveiling The Hidden Retail Jackpot And The ESPN Bet Gamble

MGM Resorts

Subscribers to  Chart of the Week  received this commentary on Sunday, February 18.

Are Sports Betting Stocks Played Out?

Rush Street Interactive

Super Bowl 58 was the most watched Super Bowl and telecast in history. It had an average of 123.4 million viewers across all platforms, which included Paramount Global NASDAQ: PARA owned CBS Television Network, CBS Sports, Paramount+, Nickelodeon, Univision, and NFL+.

2 laggard sports betting stocks that gained from the Super Bowl

It unveiled its fourth-quarter results on Thursday. These did not inspire confidence in investors.

Why Penn Entertainment Stock Plummeted by 20% This Week

PENN Entertainment's (PENN) fourth-quarter results are hurt by ESPN BET investments.

PENN Entertainment (PENN) Reports Wider Q4 Loss, Stock Down

Revenue is down and Penn Entertainment swung to a loss in the fourth quarter. The botched Barstool deal and huge ESPN contract make this a tough turnaround story.

Why Penn Entertainment's Stock Plunged 15.8% Today

PENN Entertainment, Inc. (PENN) Q4 2023 Earnings Call Transcript

The gambling and esports company launched ESPN BET in November.

Penn Entertainment Is Dropping. ESPN BET Might Be Why.

The headline numbers for PENN Entertainment (PENN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

News for Penn Entertainment Stock (PENN)