PENN's 48.6% six-month rally reflects stronger retail execution, new-property momentum and a sharp improvement in Interactive profitability.
PENN's new casino projects are boosting revenues, while further developments could extend growth through 2030.
VNO's New York office occupancy hit 92.2% in the second quarter, up 550 basis points year-over-year, with guidance to exceed 93% by the end of fiscal year 2026. Leasing spreads remain positive, with a positive GAAP mark-to-market of 7.7% and revenue growing by 4.7% over its year-ago comp. VNO trades at 13.2x annualized FFO, below mid-cap REIT peers, suggesting possible further upside as pipeline conversion continues.
PENN Entertainment NASDAQ: PENN reported record second-quarter retail revenue and raised its full-year outlook for the segment, while management said its interactive business continued to narrow losses through lower marketing spending, cost efficiencies and growth in online casino operations.
PENN Entertainment (PENN) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.1 per share a year ago.
The headline numbers for PENN Entertainment (PENN) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PENN's Q2 results are likely to reflect stable retail gaming demand and Interactive momentum, offset by Aurora closure and macro pressures.
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Investors looking for stocks in the Gaming sector might want to consider either PENN Entertainment (PENN) or Flutter Entertainment (FLUT). But which of these two stocks presents investors with the better value opportunity right now?
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.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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