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

PENN Entertainment (PENN) Reports Q3 Earnings: What Key Metrics Have to Say

Boyd Gaming

Caesars Entertainment

Wynn Resorts

If the economy is headed for a slowdown or recession, as many analysts expect, you might instantly think about doubling down on casino stocks. Boyd Gaming Corp. NYSE: BYD, Caesars Entertainment Inc. NASDAQ: CZR, Penn Entertainment Inc. NASDAQ: PENN and Wynn Resorts Ltd.

Can casino stocks win big if economy slows?

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Pennsylvania National Mutual Casualty Insurance Company (Penn Mutual), its subsidiaries, Penn National Security Insurance Company and Founders Insurance Company, and its mutual company affiliate, Partners Mutual Insurance Company (Waukesha, WI), collectively referred to as Penn National Insuran.

AM Best Upgrades Credit Ratings of Members of Penn National Insurance Companies

Disney

Penn Entertainment's launch of ESPN Bet creates a strong investment opportunity. Despite revenue growth, Penn's financials show potential operational challenges.

Is Penn Entertainment Stock a Screaming Buy Ahead of the ESPN Bet Launch?

MGM Resorts

Casino workers in Detroit are seeking higher wages and better working conditions as the cost of living has increased in recent years.

Thousands of casino workers go on strike in Detroit

Euronet Worldwide

HighPeak Energy Inc

Hertz

NMI Hlds

Sanmina-SCI

Viper Energy Partners LP

Uncovering under-the-radar stocks with the potential for significant gains has always been an intriguing quest for investors. The allure of identifying those hidden gems before they surge in value is both enticing and financially rewarding.

7 Under-the-Radar Stocks With Massive Upside for 2024

Thousands of hospitality workers in Detroit walked off the job on Tuesday after unions called for strikes at casinos operated by MGM Grand Detroit operated by MGM Resorts International , MotorCity Casino and Hollywood Casino at Greektown operated by Penn Entertainment.

Detroit casino workers go on strike after failed talks

Penn Entertainment is a large casino operator. It has an operating footprint that spans multiple regions of the United States.

Here's Why the West Is the Best for Penn Entertainment

PENN Entertainment offers a discounted valuation for investors to buy shares in an industry leader with a dominant market position. The company's regional dominance and national scale provide it with significant competitive advantages and operating efficiencies. Despite short-term concerns and bearish arguments, PENN Entertainment has shown resilience in past downturns and offers attractive valuation and total return potential.

PENN Entertainment: Dominant Industry Leader At A Discount

Penn is rebranding its online sportsbook in partnership with one of the top names in sports: ESPN. The U.S. online sports betting market is expected to expand in the double digits this decade.

Is Penn Entertainment a Buy Now?

Penn Entertainment is a large casino operator. The historical image associated with casinos, with older adults filling chairs at slot machines, is increasingly changing.

Customer Demographics Are Changing for Penn Entertainment: 1 Big Reason Investors Should Take Note

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2023 third quarter financial results at 7:00 a.m. ET on Thursday, November 2, 2023 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 212/231-2912; 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 2

Tractor Supply

Tractor Supply has a long track record of earnings growth, reaching $14 billion in sales last year. Penn Entertainment just signed a deal that could spur growth at its sports betting business.

2 Bargain Stocks that Could Make You Richer

Best Buy

Dutch Bros

Cheesecake Factory

General Motors

Lululemon Athletica

Recent comments by Bank of America (NYSE: BAC ) CEO Brian Moynihan have increased my confidence in my thesis that the U.S. is heading for “a soft landing.” Specifically, Moynihan said the U.S. Federal Reserve already achieved “a soft landing.

Tapping Into Trends: 7 Consumer Discretionary Stocks Set to Skyrocket

Penn Entertainment inked a $1.5 billion deal to be the official sports betting partner of ESPN. U.S. sports betting is expected to grow at an annualized rate of 10.4% through 2030.

1 Growth Stock Down 17% to Buy Right Now

DraftKings

These companies are capitalizing on rising interest in online gambling.

Best Growth Stocks to Buy: DraftKings Stock vs. Penn Stock

Roundhill Sports Betting & iGaming ETF

VanEck Vectors Gaming ETF

Gambling.com Group

Flutter Entertainment PLC

With the 2023 NFL season underway, sports bets are surging. In fact, according to the Associated Press, GeoComply Solutions — used to verify a customer's location — said it recorded 242.3 million geolocation transactions from legal U.S. sportsbooks.

7 Sports Betting Stocks Worth a Gamble as Football Season Kicks Off

Shares of gaming giant Penn Entertainment (NASDAQ: PENN ) jumped sharply on Thursday following a positive assessment by Deutsche Bank. Though the research arm of the financial institution remains skeptical about the longer-term narrative, analysts there are bullish for the short term.

Why Is Penn Entertainment (PENN) Stock Up 7% Today?

When your franchise cable channel is struggling after being the mainstay of cable since the beginning, then making a huge change and embracing the now solidly legal sports gaming industry makes a ton of sense.

ESPN Bet Sports Gambling Platform Will Be Massive: 5 Top ‘Strong Buy' Stocks May Be Huge Winners

V.F.

Verizon

Stocks like V.F. Corporation NYSE: VFC, Verizon NYSE: VZ, and PENN Entertainment NYSE: PENN get beaten up for a reason, but often, the market will take things to the extreme.

3 Under-Appreciated Stocks with Nowhere to Go But Up

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (the “Company”) announced today that the Company's Chief Executive Officer and President, Jay Snowden, and Executive Vice President, Chief Financial Officer, Felicia Hendrix, will participate in a fireside chat at the Bank of America Securities 2023 Gaming and Lodging Conference on Thursday, September 7, 2023 at 9:20 a.m. ET. The Company's management will also host meetings with institutional investors at the conference.

PENN Entertainment to Participate in the Bank of America Securities 2023 Gaming and Lodging Conference on September 7

Energy Transfer LP Unit

Cassava Sciences Inc

Energy Transfer LP CEO and Executive Vice President make significant insider purchases, with the CEO's YTD purchases totaling around $115 million. Cassava Sciences directors purchase shares amidst discussions of a potential short squeeze, despite the company's net losses and investigations. PENN Entertainment director buys shares following the company's $2 billion agreement with ESPN, despite a slight dip in share prices.

Week Of 08/21 Notable Insider Buys

Gaming is huge. No matter which market you look at, gaming is growing.

3 Gaming Stocks to Bet On For Gains in 2024

With the NFL and college football seasons right around the corner, you can be sure that people that love to gamble on games and bet on fantasy gaming are ready and set to roll.

5 Sizzling ‘Strong Buy' Gambling Stocks to Grab With the NFL and College Betting Season Right Around the Corner

PENN Entertainment (PENN) is a deep-value stock with a market cap of $3.5 billion and a P/E ratio of 6x earnings. Penn's acquisition of Barstool Sports for $551 million was unsuccessful, but the company is now rebranding as ESPN Bet, capitalizing on the growing sports betting market in the US. ESPN Bet has the potential to generate billions in revenue per year and capture a significant portion of the sports betting market, especially with the support of ESPN's large TV audience.

News for Penn Entertainment Stock (PENN)