PENN gears up for Q4 results with revenues seen rising 5%, driven by retail demand, iCasino momentum and margin gains from the ESPN Bet exit.
Get a deeper insight into the potential performance of PENN Entertainment (PENN) for the quarter ended December 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
PENN Entertainment (PENN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PENN Entertainment is rated a cautious buy, with valuation appearing asymmetrical and downside seemingly limited by low P/B and EV multiples. Recent digital strategy missteps, including the failed ESPN partnership and $825 million impairment, have damaged confidence and weighed on results. PENN's core retail casino business remains stable and profitable, generating $1.4 billion in Q3 revenue and 32% EBITDAR margins.
PENN Entertainment (PENN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
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.
PENN Entertainment (PENN) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.1. This compares to a loss of $0.24 per share a year ago.
ESPN and PENN Entertainment announced on Thursday that their partnership will be terminated early months after the NFL acquired a 10% stake in the "worldwide leader in sports."
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.
The heavy selling pressure might have exhausted for PENN Entertainment (PENN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.