PENN Entertainment Reports Third Quarter Results
PENN Entertainment, Inc. (PENN)
Last penn entertainment, inc. earnings: 2/6 07:00 am
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US:NASDAQ Investor Relations:
pennnationalgaming.gcs-web.com/investor-overview
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Source: Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three and nine months ended September 30, 2024.Jay Snowden, Chief Executive Officer and President, said: “PENN’s third quarter results were consistent with the preliminary estimates we disclosed last month in connection with our investor event in Las Vegas. Stable consumer demand in our retail business was offset by unfavorable hold in our Northeast segment and volume declines in our South segment associated with severe weather disruptions and accelerated hotel remodeling. The fourth quarter is off to a stronger start, led by several markets including Michigan, Ohio, and St. Louis. In the third quarter, our Interactive segment benefited from better-than-expected hold, driven by a higher parlay mix from our improving product and lower promotional expenses. Additionally, on October 30th, we launched account linking between ESPN BET and ESPN, wh
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PENN
News
- PENN Entertainment, Inc. (NASDAQ: PENN) is now covered by analysts at Bank of America Co.. They set a "neutral" rating and a $22.00 price target on the stock.MarketBeat
- PENN Entertainment, Inc. (NASDAQ: PENN) had its price target raised by analysts at Macquarie from $26.00 to $27.00. They now have an "outperform" rating on the stock.MarketBeat
- PENN Entertainment's Shares Up on Narrower-Than-Expected Q3 Loss [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment, Inc. (NASDAQ: PENN) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- PENN Entertainment, Inc. (NASDAQ: PENN) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $26.00 price target on the stock.MarketBeat
PENN
Earnings
- 11/7/24 - Beat
PENN
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form SC
- 11/7/24 - Form 10-Q
- PENN's page on the SEC website