Complete financial analysis of PENN Entertainment, Inc. (PENN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of PENN Entertainment, Inc., a leading company in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector.
You may be interested
- Telecom Italia S.p.A. (TIAJF) Income Statement Analysis – Financial Results
- Tortoise Midstream Energy Fund, Inc. (NTG) Income Statement Analysis – Financial Results
- Aflac Incorporated (AFL) Income Statement Analysis – Financial Results
- BP p.l.c. (BP.L) Income Statement Analysis – Financial Results
- Trajectory Alpha Acquisition Corp. (TCOA-WT) Income Statement Analysis – Financial Results
PENN Entertainment, Inc. (PENN)
Industry: Gambling, Resorts & Casinos
Sector: Consumer Cyclical
Website: https://www.pennentertainment.com
About PENN Entertainment, Inc.
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates 44 properties in 20 states; online sports betting in 13 jurisdictions; and iCasino in five under a portfolio of brands, including Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.36B | 6.40B | 5.91B | 3.58B | 5.30B | 3.59B | 3.15B | 3.03B | 2.84B | 2.59B | 2.92B | 2.90B | 2.74B | 2.46B | 2.37B | 2.42B | 2.44B | 2.35B | 1.41B | 1.14B | 1.16B | 657.55M | 519.39M | 294.12M | 171.50M | 154.10M | 111.50M | 62.80M | 57.70M | 46.00M | 42.20M |
| Cost of Revenue | 4.44B | 3.63B | 3.15B | 1.87B | 2.95B | 2.05B | 1.81B | 1.76B | 1.62B | 1.47B | 1.66B | 1.69B | 1.62B | 1.46B | 1.43B | 1.43B | 1.40B | 1.31B | 855.13M | 681.46M | 708.33M | 405.00M | 314.56M | 189.93M | 91.70M | 85.70M | 67.70M | 38.20M | 35.90M | 29.80M | 28.20M |
| Gross Profit | 1.93B | 2.77B | 2.76B | 1.71B | 2.35B | 1.54B | 1.34B | 1.28B | 1.22B | 1.12B | 1.25B | 1.21B | 1.12B | 994.21M | 941.41M | 995.58M | 1.03B | 1.04B | 557.33M | 459.23M | 454.66M | 252.54M | 204.83M | 104.20M | 79.80M | 68.40M | 43.80M | 24.60M | 21.80M | 16.20M | 14.00M |
| Gross Profit Ratio | 30.28% | 43.27% | 46.69% | 47.80% | 44.27% | 42.92% | 42.41% | 42.07% | 42.87% | 43.30% | 42.99% | 41.83% | 40.90% | 40.43% | 39.73% | 41.09% | 42.44% | 44.43% | 39.46% | 40.26% | 39.09% | 38.41% | 39.44% | 35.43% | 46.53% | 44.39% | 39.28% | 39.17% | 37.78% | 35.22% | 33.18% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.56B | 1.11B | 1.35B | 1.13B | 1.19B | 618.95M | 514.78M | 463.03M | 449.43M | 867.79M | 595.98M | 532.24M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 329.72M | 0.00 | 0.00 | 0.00 | 113.96M | 95.03M | 44.72M | 19.50M | 19.10M | 16.20M | 14.00M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 106.92M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.56B | 1.11B | 1.35B | 1.13B | 1.19B | 618.95M | 514.78M | 463.03M | 449.43M | 867.79M | 595.98M | 532.24M | 410.46M | 403.89M | 409.20M | 427.15M | 388.43M | 436.63M | 191.93M | 179.67M | 203.99M | 113.96M | 95.03M | 44.72M | 19.50M | 19.10M | 16.20M | 14.00M | 12.70M | 10.80M | 7.60M |
| Other Expenses | 0.00 | 567.50M | 344.50M | 366.70M | 414.20M | -7.12M | -2.26M | -1.68M | 5.87M | 2.94M | 3.80M | -1.38M | 211.48M | 197.34M | 194.44M | 173.55M | 147.92M | 30.22M | 121.85M | 65.79M | 67.49M | 36.46M | 32.09M | 13.59M | 39.10M | 29.70M | 15.40M | 1.40M | 900.00K | 700.00K | 4.00M |
| Operating Expenses | 2.84B | 1.68B | 1.70B | 1.50B | 1.60B | 905.86M | 781.84M | 734.24M | 708.89M | 1.05B | 894.31M | 777.59M | 621.94M | 616.28M | 603.64M | 1.08B | 536.35M | 466.85M | 313.78M | 245.45M | 271.48M | 150.42M | 127.12M | 58.31M | 58.60M | 48.80M | 31.60M | 15.40M | 13.60M | 11.50M | 11.60M |
| Cost & Expenses | 7.05B | 5.31B | 4.85B | 3.37B | 4.56B | 2.95B | 2.59B | 2.49B | 2.33B | 2.52B | 2.56B | 2.46B | 2.24B | 2.08B | 2.03B | 2.51B | 1.94B | 1.77B | 1.17B | 926.91M | 979.81M | 555.42M | 441.68M | 248.24M | 150.30M | 134.50M | 99.30M | 53.60M | 49.50M | 41.30M | 39.80M |
| Interest Income | 40.30M | 18.30M | 1.10M | 900.00K | 1.40M | 1.01M | 3.55M | 24.19M | 11.53M | 3.73M | 1.39M | 948.00K | 423.00K | 1.58M | 6.52M | 8.36M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 464.70M | 758.20M | 561.70M | 543.20M | 534.20M | 539.42M | 466.76M | 459.24M | 443.13M | 45.98M | 97.09M | 81.44M | 99.56M | 130.22M | 134.98M | 169.83M | 0.00 | 0.00 | 0.00 | 0.00 | 42.10M | 42.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 435.10M | 655.00M | 505.30M | 487.00M | 514.60M | 268.99M | 267.06M | 271.21M | 259.46M | 178.98M | 298.33M | 245.35M | 211.48M | 212.39M | 194.44M | 173.55M | 160.93M | 135.31M | 78.22M | 71.31M | 73.25M | 39.75M | 34.54M | 13.59M | 8.70M | 5.70M | 4.00M | 1.40M | 900.00K | 700.00K | 600.00K |
| EBITDA | 400.20M | 1.63B | 1.45B | 196.90M | 1.04B | 898.33M | 708.78M | 851.07M | 759.20M | 538.55M | -163.08M | 640.56M | 692.09M | 322.64M | -28.46M | 295.79M | 638.21M | 713.15M | 321.77M | 279.13M | 249.79M | 137.99M | 112.25M | 58.71M | 26.34M | 25.37M | 16.20M | 10.60M | 9.10M | 5.40M | 3.00M |
| EBITDA Ratio | 6.29% | 25.46% | 24.48% | 19.57% | 22.78% | 25.62% | 26.69% | 28.02% | 28.16% | 10.37% | 23.08% | 23.59% | 25.95% | 23.01% | 22.69% | 3.94% | 27.50% | 26.95% | 27.55% | 25.36% | 22.58% | 22.46% | 21.76% | 20.21% | 19.36% | 15.83% | 15.87% | 16.24% | 15.25% | 11.52% | 4.98% |
| Operating Income | 363.60M | 974.00M | 1.06B | 333.60M | 793.40M | 634.09M | 475.11M | 543.02M | 467.85M | -240.42M | -771.97M | 442.59M | 499.58M | 153.23M | -194.60M | -86.44M | 497.81M | 577.84M | 243.55M | 213.78M | 183.18M | 102.12M | 77.71M | 45.89M | 21.20M | 19.60M | 12.20M | 9.20M | 8.20M | 4.70M | 2.40M |
| Operating Income Ratio | 5.71% | 15.21% | 17.94% | 9.32% | 14.97% | 17.67% | 15.09% | 17.90% | 16.48% | -9.28% | -26.45% | 15.26% | 18.22% | 6.23% | -8.21% | -3.57% | 20.43% | 24.57% | 17.24% | 18.74% | 15.75% | 15.53% | 14.96% | 15.60% | 12.36% | 12.72% | 10.94% | 14.65% | 14.21% | 10.22% | 5.69% |
| Total Other Income/Expenses | -863.20M | -798.70M | -567.20M | -424.00M | -485.80M | -544.17M | -482.66M | -422.40M | -447.80M | -565.39M | -431.78M | -71.60M | -110.35M | -148.71M | -665.66M | -442.48M | -205.57M | -207.91M | -101.78M | -76.15M | -76.88M | -52.38M | -41.35M | -16.41M | -7.16M | -7.67M | -6.10M | 100.00K | 300.00K | -600.00K | 0.00 |
| Income Before Tax | -499.60M | 175.30M | 539.10M | -834.20M | 86.10M | 89.92M | 4.35M | 120.62M | 56.61M | -271.78M | -915.88M | 364.53M | 389.23M | 4.52M | -327.88M | -47.59M | 292.24M | 369.93M | 141.77M | 137.63M | 83.16M | 57.72M | 36.37M | 28.71M | 10.50M | 12.00M | 6.10M | 9.30M | 8.50M | 4.10M | 2.40M |
| Income Before Tax Ratio | -7.85% | 2.74% | 9.13% | -23.31% | 1.62% | 2.51% | 0.14% | 3.98% | 1.99% | -10.49% | -31.38% | 12.57% | 14.19% | 0.18% | -13.84% | -1.96% | 11.99% | 15.73% | 10.04% | 12.07% | 7.15% | 8.78% | 7.00% | 9.76% | 6.12% | 7.79% | 5.47% | 14.81% | 14.73% | 8.91% | 5.69% |
| Income Tax Expense | -8.20M | -46.40M | 118.60M | -165.10M | 43.00M | -3.59M | -498.51M | 11.31M | 55.92M | -38.59M | -121.54M | 152.56M | 146.88M | 66.18M | -60.47M | 105.74M | 132.19M | 156.85M | 54.59M | 50.29M | 31.69M | 21.70M | 12.61M | 10.14M | 3.80M | 4.50M | 2.30M | 3.80M | 3.50M | 1.40M | 1.10M |
| Net Income | -490.00M | 222.10M | 420.80M | -669.10M | 43.90M | 93.51M | 502.86M | 109.31M | 686.00K | -233.20M | -794.34M | 211.97M | 242.35M | -59.47M | -264.95M | -153.32M | 160.05M | 327.09M | 120.93M | 71.48M | 51.47M | 30.86M | 23.76M | 11.99M | 6.70M | 7.50M | 2.30M | 5.50M | 5.00M | 2.80M | 1.30M |
| Net Income Ratio | -7.70% | 3.47% | 7.13% | -18.70% | 0.83% | 2.61% | 15.97% | 3.60% | 0.02% | -9.00% | -27.22% | 7.31% | 8.84% | -2.42% | -11.18% | -6.33% | 6.57% | 13.91% | 8.56% | 6.27% | 4.43% | 4.69% | 4.57% | 4.08% | 3.91% | 4.87% | 2.06% | 8.76% | 8.67% | 6.09% | 3.08% |
| EPS | -3.22 | 1.38 | 2.65 | -4.99 | 0.38 | 0.96 | 5.53 | 1.21 | 0.01 | -2.97 | -10.17 | 2.24 | 2.52 | -0.76 | -3.39 | -1.81 | 1.87 | 3.88 | 1.46 | 0.89 | 0.65 | 0.41 | 0.39 | 0.20 | 0.12 | 0.13 | 0.04 | 0.10 | 0.10 | 0.06 | 0.04 |
| EPS Diluted | -3.22 | 1.26 | 2.40 | -4.99 | 0.37 | 0.93 | 5.39 | 1.19 | 0.01 | -2.97 | -10.17 | 2.04 | 2.26 | -0.76 | -3.39 | -1.81 | 1.81 | 3.78 | 1.41 | 0.86 | 0.63 | 0.39 | 0.37 | 0.19 | 0.11 | 0.12 | 0.02 | 0.10 | 0.10 | 0.06 | 0.04 |
| Weighted Avg Shares Out | 152.10M | 161.20M | 158.70M | 134.00M | 115.70M | 97.11M | 90.85M | 82.93M | 80.00M | 78.43M | 78.10M | 76.35M | 77.99M | 78.08M | 78.12M | 84.54M | 85.59M | 84.30M | 82.83M | 80.32M | 79.19M | 75.28M | 61.31M | 59.96M | 58.55M | 60.06M | 61.33M | 56.08M | 51.28M | 50.91M | 36.36M |
| Weighted Avg Shares Out (Dil) | 152.10M | 176.60M | 175.50M | 134.00M | 117.80M | 100.34M | 93.38M | 91.41M | 90.90M | 78.43M | 78.11M | 103.80M | 107.05M | 78.08M | 78.12M | 84.54M | 88.43M | 86.53M | 85.77M | 83.12M | 81.70M | 79.14M | 63.67M | 63.12M | 61.21M | 61.50M | 61.54M | 56.08M | 51.28M | 50.91M | 36.36M |
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,...
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...
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.
WILLIAM PENN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of William Penn Bancorporation - WMPN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of William Penn Bancorporation (NasdaqCM: WMPN) to Mid Penn Bancorp, Inc. (NasdaqGM:...
Exploring Analyst Estimates for PENN Entertainment (PENN) Q3 Earnings, Beyond Revenue and EPS
Evaluate the expected performance of PENN Entertainment (PENN) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Earnings Preview: PENN Entertainment (PENN) Q3 Earnings Expected to Decline
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.
Casino And Sports Betting Stocks Are Due For Positive Sentiment Due To Macro Growth
The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings profiles indicated forward either by Q4 2024 or Q1...
Source: https://incomestatements.info
Category: Stock Reports