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PENN Entertainment (PENN) Reports Q4 Loss, Misses Revenue Estimates
PENNPENN(PENN) ZACKS·2025-02-27 14:20

Company Performance - PENN Entertainment reported a quarterly loss of 0.44pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.44 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.41, but an improvement from a loss of 1.75pershareayearago[1]−Thecompanypostedrevenuesof1.75 per share a year ago [1] - The company posted revenues of 1.67 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 0.67%, compared to revenues of 1.4billionayearago[2]−Overthelastfourquarters,PENNEntertainmenthassurpassedconsensusEPSestimatestwotimesandtoppedconsensusrevenueestimatesjustonce[2]StockOutlook−TheimmediatepricemovementofPENNEntertainment′sstockwilldependonmanagement′scommentaryduringtheearningscallandfutureearningsexpectations[3]−Thestockhasgainedabout31.4 billion a year ago [2] - Over the last four quarters, PENN Entertainment has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Outlook - The immediate price movement of PENN Entertainment's stock will depend on management's commentary during the earnings call and future earnings expectations [3] - The stock has gained about 3% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] - The current consensus EPS estimate for the coming quarter is 0.02 on revenues of 1.76billion,andforthecurrentfiscalyear,itis1.76 billion, and for the current fiscal year, it is 0.43 on revenues of $6.97 billion [7] Industry Context - The Gaming industry, to which PENN Entertainment belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact PENN Entertainment's stock performance [5][6]