PENN Entertainment Q4 Earnings & Revenues Lag Estimates, Rise Y/Y
PENN's fourth-quarter performance gains from disciplined promotional strategies and accelerated growth in the online casino business.
PENN Entertainment, Inc. (PENN) Q4 2024 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 10:00 AM ET PENN Entertainment, Inc. (NASDAQ:PENN ) Q4 2024 Earnings Conference Call February 27, 2025, 09:00 AM ET Company Participants Jay Snowden - CEO and President Felicia Hendrix - EVP and CFO Todd George - EVP, Operations Aaron LaBerge - CTO and Head of Interactive Joe Jaffoni - IR Conference Call Participants Carlo Santarelli - Deutsche Bank Barry Jonas - Truist Securities Shaun Kelley - Bank of America Brandt Montour - Barclays Joe Stauff - Susquehanna Chad Beynon - Macquaire Jordan Bender - Citizens Dan Politzer - Wells Fargo Jeff Stantial - Stifel Ryan Sigdahl - Craig-Hallum Operator Greetings and welcome to the PENN Entertainment Fourth Quarter 2024 Earnings Call. I would now like to turn the conference over to Joe Jaffoni, Investor Relations.
PENN Entertainment (PENN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for PENN Entertainment (PENN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
PENN Entertainment (PENN) Reports Q4 Loss, Misses Revenue Estimates
PENN Entertainment (PENN) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to loss of $1.75 per share a year ago.
PENN Entertainment (PENN) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Evaluate the expected performance of PENN Entertainment (PENN) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Will PENN Entertainment (PENN) Report Negative Earnings Next Week? What You Should Know
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.
PENN Entertainment: Proxy Fight Could Change The Story
PENN Entertainment's stock has plummeted nearly 85% since its peak in 2021, due to two failed attempts to capitalize on the online gambling legalization trend. Yet while these failures continue to be a drag on PENN's profitability and stock price, an activist investor's plans to launch a proxy fight may change the story. Whether from management deciding to pursue strategic alternatives in light of the proxy fight, or from this outsider gaining board representation, material value could be unlocked.
PENN Entertainment & MSE Team Up, ESPN BET to Enter Washington D.C.
PENN is set to benefit from the partnership with Monumental Sports & Entertainment, especially underscoring the footprint expansion initiative.
PENN Debuts Stand-Alone Hollywood Casino App in Pennsylvania
PENN Entertainment expands the company's digital gaming footprint with the launch of its stand-alone Hollywood Casino app in Pennsylvania.
Penn Stock Analyst Turns Bullish On ESPN Bet Strength, Casino Improvements: 'Favorable Risk-Reward'
PENN Entertainment PENN received a Wall Street upgrade Friday on a positive outlook for both its casino and sports betting segments.
Penn Entertainment Stock Surges After Upgrade From JPMorgan, Anticipating Growth
Penn Entertainment (PENN) shares surged Friday after JPMorgan upgraded the casino operator's stock, anticipating growth as its investments begin to pay off.
PENN Entertainment: ESPN Bet Weakness Strains Land-Based Earnings
PENN Entertainment's land-based casinos had a turbulent performance in Q3, but the performance should stabilize going forward after weather disruptions and hotel remodeling efforts. The company's online efforts with ESPN Bet continue to strain earnings without significant market share gains, causing weaker future expectations. The weak online performance expectations are already priced into the PENN stock.
