Core Insights - PENN Entertainment reported $1.67 billion in revenue for the quarter ended December 2024, marking a year-over-year increase of 19.6% [1] - The EPS for the same period was -$0.44, an improvement from -$1.75 a year ago, but below the consensus estimate of -$0.41, resulting in an EPS surprise of -7.32% [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $1.68 billion, with a surprise of -0.67% [1] Revenue Performance by Segment - Northeast segment revenue was $689.90 million, exceeding the average estimate of $677.80 million, reflecting a year-over-year increase of 4.1% [4] - South segment revenue was $284.20 million, slightly above the average estimate of $283.65 million, showing a year-over-year decrease of 0.3% [4] - West segment revenue was $129.40 million, slightly below the average estimate of $129.75 million, indicating a year-over-year decrease of 3.2% [4] - Midwest segment revenue was $290.70 million, close to the average estimate of $291.50 million, with no change year-over-year [4] - Interactive segment revenue was $275 million, significantly below the average estimate of $303.41 million, but showing a remarkable year-over-year increase of 773% [4] - Other segment revenue was $3.70 million, slightly below the estimated $4 million, with no change compared to the year-ago quarter [4] - Intersegment eliminations reported -$3.90 million, better than the estimated -$8.55 million, with a year-over-year change of -67.8% [4] Stock Performance - Shares of PENN Entertainment have returned -1.8% over the past month, compared to the Zacks S&P 500 composite's -2.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
PENN Entertainment (PENN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates