PENN Entertainment: Q3 Earnings Snapshot – WTOP News
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6 Articles
PENN Entertainment: Q3 Earnings Snapshot – WTOP News
WYOMISSING, Pa. (AP) — WYOMISSING, Pa. (AP) — PENN Entertainment, Inc. (PENN) on Thursday reported third-quarter profit of $33 million. On a per-share basis, the Wyomissing, Pennsylvania-based company said it had profit of 24 cents. Earnings, adjusted for one-time gains and costs, were 32 cents per share. The results topped Wall Street expectations. The average...
PENN's Interactive revenue rise rests on partner taxes as gaming revenue slips 2.1%
PENN Entertainment's online segment grew revenue in the third quarter, but the gain came from passed-through partner gaming taxes, not from players. The segment now needs a positive fourth quarter to reach a full-year target that has already been lowered. Other revenues carried the whole of the Interactive segment’s third-quarter gain at PENN Entertainment. Segment revenue rose to $348.4 million from $297.7 million, while the third-party partner…
PENN Entertainment (NASDAQ:PENN) Releases Quarterly Earnings Results
PENN Entertainment (NASDAQ:PENN – Get Free Report) posted its earnings results on Thursday. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.17 by $0.15, FiscalAI reports. The firm had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.84 billion. PENN Entertainment had a negative net margin […]
Penn Entertainment's Q3 revenue rises to $1.84 billion as it returns to profit
Penn Entertainment reported third-quarter revenue of $1.84 billion, up from $1.72 billion a year earlier, and net income of $33 million, or 24 cents per diluted share, compared with a net loss of $859.8 million, or $6.03 per share, in the prior-year period. Consolidated Adjusted EBITDA increased to $284 million from $194.9 million. The retail segment generated record third-quarter revenue of $1.5...
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