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.

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Cost of revenue

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SG&A

Other

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EBITDA

Net income

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Cash & equivalents

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Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

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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 and year ended December 31, 2023. Jay Snowden, Chief Executive Officer and President, said: “PENN delivered another quarter of solid property level performance while continuing to invest in our high growth digital business, which we believe will create significant long term shareholder value. Our retail results reflect strong customer demand a.

PENN Entertainment Reports Fourth Quarter Results

Penn Entertainment is buying market access to New York from Wynn Interactive that would allow it launch in the nation's largest sports betting market.

ESPN Bet plans launch in New York, the largest U.S. betting market

PENN Entertainment's (PENN) fourth-quarter 2023 results are likely to reflect benefits from solid growth of gaming revenues.

What's in Store for PENN Entertainment (PENN) in Q4 Earnings?

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it has reached an agreement with Wynn Interactive Holdings to acquire its New York mobile sports wagering licenses, providing PENN with market access to the jurisdiction. Pending regulatory approvals, PENN will launch its online sports wagering product, ESPN BET, in New York in 2024. As part of the transaction, PENN is acquiring WSI US, LLC, from Wynn Interactive Holdings for.

PENN Entertainment Announces Agreement with Wynn Interactive Holdings to Acquire Mobile Sports Wagering Licenses for New York Market Access

Besides Wall Street's top -and-bottom-line estimates for PENN Entertainment (PENN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Curious about PENN Entertainment (PENN) Q4 Performance? Explore Wall Street Estimates for Key Metrics

Caesars Entertainment

DraftKings

As more U.S. states welcome online gaming, big-name casinos and fresh online betting startups jump on board. On the other hand, Macau is still the land of gambling in Asia.

3 Online Gambling Stocks to Bet On for a Super Bowl Boost

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.

Analysts Estimate PENN Entertainment (PENN) to Report a Decline in Earnings: What to Look Out for

Beyond Meat

Canada Goose Holdings

Planet Fitness

VinFast Auto Ltd

Victoria's Secret & Co

Wayfair

Despite recent economic indicators like GDP and consumer sentiment suggesting resilience in the U.S. economy, that doesn't mean all consumer stocks are booming right now. In fact, there are plenty that are best described as doomed consumer stocks.

7 Doomed Consumer Stocks to Dump Before They Dive: February 2024

Roundhill Sports Betting & iGaming ETF

Looking back in 2018, we might recall when the U.S. Supreme Court freed companies from an online gambling ban and allowed states to legalize sports betting. More than 30 states, including Washington, D.C.

3 Up-and-Coming Sports Betting Companies Gunning for DraftKing's Crown

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (NASDAQ: PENN) announced today that the founding family behind theScore -- John Levy, Benjie Levy, Aubrey Levy and Noah Levy – will be stepping down from their roles at PENN Interactive, with John departing in mid-February and with Benjie, Aubrey and Noah departing in April 2024. In conjunction with this planned leadership transition, the Company is in the final stages of its search for a new Head of Interactiv.

PENN Entertainment Announces Interactive Leadership Transition Scheduled for April 2024

Away-from-home entertainment remains in high demand as people are tired of being cooped up in their homes.

1 Undervalued Growth Stock Down 81% to Buy Hand Over Fist in 2024

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2023 fourth quarter financial results at 7:00 a.m. ET on Thursday, February 15, 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 312-281-2974; please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also a.

PENN Entertainment to Report Fourth Quarter Results and Host Conference Call and Webcast on February 15

Penn Entertainment Inc. (PENN) shares rose as much as 7% on Thursday after it was disclosed that a major investor is pursuing seats on the casino operator's board.

Penn Entertainment Stock Up 7% on Potential Board Shake-Up

The shares of PENN Entertainment Inc (NASDAQ:PENN) are up 4.7% to trade at $26.19 at last check, amid C-suite buzz.

Casino, Sports Betting Stock Jumps Amid C-Suite Buzz

Hedge fund HG Vora Capital Management says shares of the casino operator and online-betting company are ‘significantly undervalued.'

Penn Entertainment Stock Rises as Top Shareholder Wants Board Seats

Penn Entertainment Inc.'s stock PENN, -1.50% was up by 1.9% in premarket trading on Thursday after The Wall Street Journal reported that its 18.5% shareholder, hedge fund HG Vora Capital Management, is seeking seats on the casino operator's board of directors. Citing people familiar with the matter, the WSJ report said HG Vora is in negotiations about placing directors on the company's board, but the sources did not say how many seats are being requested.

Penn Entertainment's stock rises as hedge fund HG Vora reportedly seeks board seats

PENN Entertainment is a speculative small cap stock with potential for 30-50% upside in the next 18-24 months. Downside potential is roughly 20-30%. The company's revenue primarily comes from land-based casinos, but its 10% revenue segment from sports betting is expected to drive future growth. PENN recently divested its stake in Barstool and partnered with ESPN to rebrand its online sports betting, which is expected to drive long-term growth.

PENN Entertainment: Riding The Long-Term Sports Betting Wave With ESPN BET

WYOMISSING, Pa. & JOLIET, Ill.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for the future Hollywood Casino Joliet on December 13, 2023 at 2 pm CT. The entirely new land-based casino and entertainment facility will replace the Company's nearby riverboat casino when completed. The $185 million regional destination will anchor RockRun Collection, a new super-regional commercial and residential devel.

PENN Entertainment Announces Groundbreaking Ceremony for Relocated Hollywood Casino Joliet

AEGON

Rocket Lab USA

November witnessed robust job growth in the US economy, as employers added 199,000 jobs. This surge surpassed the expected 180,000 net job gains, dropping the unemployment rate from 3.9% to 3.7%.

3 Penny Stocks With Catalysts in the Next 30 Days

PlayAGS

Red Rock Resorts

The casino industry continues to show resilience backed by sustained customer engagement efforts and property investments. RRR, PENN and AGS have surged in the past three months.

3 Industry-Beating Casino Stocks to Watch Amid Market Volatility

WYOMISSING, Pa. & HENDERSON, Nev.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it will host a groundbreaking ceremony for the second hotel tower at M Resort this afternoon at 2 pm PST. “We can't wait to begin construction on a second hotel tower at M Resort,” said Jay Snowden, CEO and President of PENN Entertainment. “This new addition will benefit from the strong demand of the Henderson locals market while providing much needed additi.

PENN Entertainment Announces Groundbreaking Ceremony for Second Hotel Tower at The M Resort

Disney

Penn Entertainment's ESPN Bet presents a transformative opportunity in the sports betting market. DraftKings has demonstrated resilience and strong growth in a competitive landscape.

4 Things Investors Need to Know Before Betting Big Amid Sportsbook Rivalry

PENN Entertainment (PENN) has unveiled a game-changing strategic partnership with Quail Hollow Club and Wells Fargo Championship.

PENN Entertainment (PENN) Partners With Quail Hollow Club

WYOMISSING, Pa. & CHARLOTTE, N.C.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that its wholly-owned subsidiary PENN Sports Interactive, LLC has entered into a long-term, multi-faceted partnership with Quail Hollow Club and the Wells Fargo Championship ahead of the launch of regulated online sports wagering in North Carolina. Under the agreement with Quail Hollow Club, PENN secures market access for its online sports wagering platform ESPN.

PENN Entertainment Announces Strategic Partnership With Quail Hollow Club for ESPN BET Market Access in North Carolina

MGM Resorts

Unions representing casino workers in Detroit have voted to ratify a new contract with MGM Grand Detroit operated by MGM Resorts , Hollywood Casino at Greektown operated by Penn Entertainment and MotorCity Casino, Unite Here union said on Saturday.

News for Penn Entertainment Stock (PENN)