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

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Earnings data Q1 2024

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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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Other

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EBITDA

Net income

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

Cash from operations

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Change in stock

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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.

Disney

Penn's Barstool Sportsbook app will be rebranded as ESPN Bet this fall as part of a 10-year agreement.

ESPN Strikes $1.5 Billion Sports-Betting Deal With Penn Entertainment

Dave Portnoy is taking back the reins at Barstool Sports buying back the media company from Penn Entertainment (NASDAQ:PENN), as a side-deal to the casino and betting group's market-shaking new team-up with Disney's (NYSE:DIS) ESPN. Portnoy - the podcaster, social media personality and media entrepreneur that launched Barstool Sports in 2003 - is buying back Barstool just five months after Penn took full ownership for an aggregate cost of US$551 million.

Dave Portnoy back on the throne at Barstool as Penn teams up with Disney

Disney has decided to take a gamble on sports betting, with ESPN inking a licensing deal with regional casino operator Penn Entertainment.  ESPN has signed a licensing deal with Penn Entertainment to create ESPN Bet, a sportsbook for audiences in the United States.

ESPN dives into sports betting by rebranding casino operator Penn Entertainment as ESPN Bet

DraftKings

Penn Entertainment soared late on news of an ESPN-Penn sportsbook deal. Online sports betting leader DraftKings fell sharply.

ESPN-Penn Sportsbook Deal Sends PENN Stock Soaring; DraftKings Tumbles

ESPN will launch a rebranded sports betting sportsbook after it agreed to a $1.5 billion deal with PENN Entertainment.

Penn Entertainment Sells Barstool Sports Back To Founder Dave Portnoy In Deal Rebranding Sportsbook As ESPN BET

Penn Entertainment and Disney's ESPN are partnering to launch a sportsbook, which will be branded ESPN Bet.

ESPN launches sportsbook in partnership with Penn Entertainment

Dave Portnoy is once again the owner of Barstool Sports.

Penn sells Barstool Sports back to Dave Portnoy to partner with ESPN

Walt Disney's ESPN and casino-owner Penn Entertainment have agreed to jointly launch a sports betting business under the brand ESPN Bet, the two companies said on Tuesday.

Disney's ESPN inks $2 bln deal with Penn to launch sports betting business

Walt Disney Co.'s DIS, +1.50% ESPN on Tuesday announced an agreement with Penn Entertainment Inc. PENN, -0.68% to launch ESPN Bet, a branded sportsbook for fans in the U.S. Penn Entertainment will rebrand its current sportsbook and relaunch as ESPN Bet in the fall in 16 legalized betting states where Penn Entertainment is licensed. The rebrand — which includes the mobile app, website, and mobile website — sent Penn's stock up 23% in after-hours trading Tuesday.

ESPN, Penn agree to launch sportsbook ESPN Bet in fall

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today announced that it has entered into a transformative, exclusive U.S. online sports betting (“OSB”) agreement with ESPN, Inc. and ESPN Enterprises, Inc (together, “ESPN”). PENN will discuss the ESPN transaction as well as its second quarter 2023 results on its previously scheduled conference call and webcast tomorrow morning at 9:00 a.m. ET. For further information, the Company has posted a p.

PENN Entertainment and ESPN Enter into Long-Term Exclusive Strategic Alliance for U.S. Online Sports Betting

We have set strong upsides for PENN Entertainment, Inc. for at least six months, but Mr. Market has reservations. We know why. The stock is trading at book value per share which enhances its attraction to seekers of value and margin of safety. This near $7b U.S. regional gaming leader has embarked on a cutting edge system to create a customer ecosphere for live and digital.

PENN Entertainment: Watch August 9th Earnings For An Unpolished Gem Story

PENN Entertainment (PENN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

PENN Entertainment (PENN) Surges 5.4%: Is This an Indication of Further Gains?

Penn Entertainment Inc (NASDAQ:PENN) has been seeing pressure around the $27 level since early May, and was rejected there once more last week, with added pressure coming from its 100-day moving average.

Options Traders Set Sights on Casino Stock

PENN Entertainment (PENN) announces the successful migration of Barstool Sportsbook & Casino to its Interactive Gaming Platform along with simultaneously releasing the former's upgraded version.

PENN Entertainment (PENN) Completes Barstool Sportsbook Migration

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2023 second quarter financial results at 7:00 a.m. ET on Wednesday, August 9, 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 212/231-2913; 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 Second Quarter Results and Host Conference Call and Webcast on August 9

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) is pleased to announce that it has released a new and improved Barstool Sportsbook & Casino following the successful full-scale migration to the Company's proprietary online gaming technology platform (“PENN Interactive Gaming Platform”). The migration to PENN's custom technology stack in the U.S. is a major achievement that brings all components of its online gaming operation in-house and si.

PENN Entertainment Completes Migration of Barstool Sportsbook & Casino to Proprietary Technology Platform

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1 Remarkable Growth Stock Down 83% You'll Regret Not Buying on the Dip

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PENN Entertainment (PENN) is benefiting from sports betting business growth, loyalty program and 3Cs initiative. However, increasing costs and expenses hurt growth.

PENN Entertainment (PENN) Banks on Gaming Demand Amid High Cost

PENN Entertainment has experienced a decline in its stock price to a 52-week low of $23.16 following the dismissal of a Barstool Host due to a racially offensive remark. Despite the recent challenges, PENN has shown a strong COVID rebound, with revenues surpassing pre-pandemic levels and expansion into the digital markets. The company maintains a substantial cash reserve of over $1.5 billion, supporting its consistent positive cash flow and providing a foundation for future growth opportunities.

PENN Entertainment: Positioned For Growth In The Digital Gambling Landscape

PENN has underperformed in the market compared to its peers thus far in 2023. Upon further research, this does not accurately represent their position in the field. PENN is well-equipped in both online and brick-and-mortar markets, owning Barstool Sportsbook and a variety of casinos across the country.

PENN Entertainment: Undervalued In Relation To Its Peers

Our bull case on PENN Entertainment, Inc. guided an upside to $50. The stock has tanked since. Here's our best theory why. PENN Entertainment is among the most solid U.S. regional casino operators with strong management, a good balance sheet, and sunny post-covid prospects.

PENN Entertainment: Blitzed By Mr. Market Despite Mostly Solid Performance

In early 2021, Penn Entertainment Inc. ( PENN , Financial), formerly known as Penn National Gaming, was a $25 billion company. Today, it is worth around $4 billion, which is a good thing for new investors.

News for Penn Entertainment Stock (PENN)