Gear Up for PENN Entertainment (PENN) Q2 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Wall Street analysts anticipate PENN Entertainment will report a quarterly loss of -$0.04 per share, reflecting a year-over-year increase of 77.8%, with revenues expected to reach $1.73 billion, up 4.3% from the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been revised downward by 8.6%, indicating a collective reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly correlated with short-term stock price performance [3]. Revenue Projections - Analysts predict the 'Revenues- West segment' will be $134.80 million, a decrease of -0.4% year-over-year [5]. - The 'Revenues- Interactive segment' is expected to reach $303.10 million, indicating a significant increase of +30.3% year-over-year [5]. - The 'Revenues- Midwest segment' is forecasted at $297.94 million, showing a slight decrease of -0.1% from the previous year [5]. - The 'Revenues- Northeast segment' is estimated to be $707.63 million, reflecting a +1.6% change year-over-year [6]. - The 'Revenues- South segment' is projected at $298.81 million, indicating a +0.2% change from the prior year [6]. - The 'Revenues- Other segment' is expected to be $6.10 million, showing a +3.4% increase year-over-year [6]. Adjusted EBITDAR Estimates - The 'Adjusted EBITDAR- Midwest segment' is estimated at $124.57 million, down from $129.90 million reported in the same quarter last year [7]. - The 'Adjusted EBITDAR- West segment' is forecasted to be $50.17 million, slightly lower than the $50.60 million reported in the previous year [7]. - The 'Adjusted EBITDAR- South segment' is expected to be $109.24 million, down from $111.40 million reported last year [8]. - The 'Adjusted EBITDAR- Northeast segment' is projected at $203.58 million, compared to $204.70 million reported in the same quarter last year [8]. Stock Performance - PENN Entertainment shares have experienced a -5% return over the past month, contrasting with a +0.5% change in the Zacks S&P 500 composite [8].