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0 0.000443349753694598 0.00147783251231533 0.00338916256157633 0.00812807881773395 0.00837438423645329 0.0115763546798029 0.0130689655172414
Stock impact report

PENN Entertainment's Shares Up on Narrower-Than-Expected Q3 Loss [Yahoo! Finance]

PENN Entertainment, Inc. (PENN) 
Last penn entertainment, inc. earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company's performance was backed by better-than-expected results in its Interactive segment. Improved hold and a higher parlay mix contributed to this growth. Also, lower promotional expenses supported the upside. However, stable consumer demand in the retail business was partially offset by an unfavorable hold in the Northeast segment. The South segment also experienced volume declines due to severe weather disruptions and ongoing hotel remodeling. Following the results, the company's shares rose 5.2% during yesterday's trading hours. In the quarter under review, PENN reported an adjusted loss per share of 24 cents, narrower than the Zacks Consensus Estimate of a loss of 28 cents. In the prior-year quarter, it reported adjusted earnings per share of $1.21. Total revenues of $1,639.2 million missed the Zacks Consensus Estimate of $1,653 million. The top line increased 1.2% on a year-over-year basis. Show less Read more
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