PENN's Q1 Loss Narrower Than Expected, Revenues Lag, Stock Down

PENN Entertainment, Inc. (PENN) reported a narrower-than-expected loss in first-quarter 2025 results. Meanwhile, the top line missed the Zacks Consensus Estimate but increased on a year-over-year basis.Following the results, the company’s shares declined 2.7% during yesterday’s trading hours.Despite severe weather earlier in the year, the company showed resilience during the first quarter. Gaming volumes improved in March and remained stable through April and early May. PENN’s Interactive segment achieved r ...