PENN Entertainment, Inc. ( PENN ) Q3 2025 Earnings Call November 6, 2025 9:00 AM EST Company Participants Jay Snowden - President, CEO & Director Felicia Kantor Hendrix - Executive VP & CFO Todd George - Executive Vice President of Operations Aaron LaBerge - Chief Technology Officer Conference Call Participants Joseph Jaffoni - JCIR Barry Jonas - Truist Securities, Inc., Research Division Brandt Montour - Barclays Bank PLC, Research Division Joseph Stauff - Susquehanna Financial Group, LLLP, Research Division Jordan Bender - Citizens JMP Securities, LLC, Research Division John DeCree - CBRE Securities, LLC, Research Division Daniel Politzer - JPMorgan Chase & Co, Research Division Shaun Kelley - BofA Securities, Research Division Chad Beynon - Macquarie Research Jeffrey Stantial - Stifel, Nicolaus & Company, Incorporated, Research Division Presentation Operator Greetings, and welcome to the PENN Entertainment Third Quarter 2025 Earnings Call. I would now like to turn the conference over to Joe Jaffoni, Investor Relations.
ESPN's entry into sports betting has underperformed, capturing only a 2.8% market share vs. its 10% goal. There is still skepticism about ESPN's late move into the sports betting industry. PENN Entertainment's involvement is something investors have noted. But the gaming stock still may be a buy.
The headline numbers for PENN Entertainment (PENN) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
| Hotel & Resort REITs Industry | Real Estate Sector | Jay A. Snowden CEO | XSTU Exchange | US7075691094 ISIN |
| US Country | 23,118 Employees | - Last Dividend | 4 Nov 2013 Last Split | 26 May 1994 IPO Date |
PENN Entertainment, Inc., together with its subsidiaries, is at the forefront of offering integrated entertainment, sports content, and casino gaming experiences on a significant scale. The organization structures its operations through five strategic segments, namely Northeast, South, West, Midwest, and Interactive. Initially known as Penn National Gaming, Inc., the company underwent a rebranding in August 2022 to PENN Entertainment, Inc., marking a new era in its development. Founded in 1972, and rooted in Wyomissing, Pennsylvania, PENN Entertainment has extensively grown to become a leading figure in the casino and entertainment industry, underscoring its commitment to delivering exceptional and engaging entertainment experiences to its vast customer base.