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.
Penn Entertainment Analysts Say 'All Eyes Remain On ESPN Bet' After Q3 Earnings Miss
PENN Entertainment PENN analysts highlight the ESPN Bet and Interactive segment as items to watch after the company missed third-quarter estimates for revenue and earnings per share.
PENN Entertainment's Shares Up on Narrower-Than-Expected Q3 Loss
PENN's third-quarter 2024 results benefit from strong performance in its Interactive segment, driven by improved hold, a higher parlay mix and lower promotional expenses.
PENN Entertainment, Inc. (PENN) Q3 2024 Earnings Call Transcript
PENN Entertainment, Inc. (NASDAQ:PENN ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Joe Jaffoni - Investor Relations Jay Snowden - Chief Executive Officer & President Felicia Hendrix - Executive Vice President & Chief Financial Officer Todd George - Executive Vice President, Operations Aaron LaBerge - Chief Technology Officer Conference Call Participants Barry Jonas - Truist Securities Carlo Santarelli - Deutsche Bank Brandt Montour - Barclays Joe Greff - JPMorgan Joe Stauff - Susquehanna Shaun Kelley - Bank of America Dan Politzer - Wells Fargo Chad Beynon - Macquarie Bernie McTernan - Needham Jordan Bender - Citizens JMP Ryan Sigdahl - Craig-Hallum Stephen Grambling - Morgan Stanley David Katz - Jefferies Operator Greetings, and welcome to the PENN Entertainment Third Quarter 2024 Earnings Call. I would like to turn the conference over to Mr.
PENN Entertainment (PENN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for PENN Entertainment (PENN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PENN Entertainment (PENN) Reports Q3 Loss, Lags Revenue Estimates
PENN Entertainment (PENN) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to earnings of $1.21 per share a year ago.
