PENN(US:PENN) ZACKS·2026-02-24 19:21Core Viewpoint - PENN Entertainment, Inc. is set to report its fourth-quarter 2025 results on February 26, with expectations of a revenue increase of 5.1% year-over-year to $1.75 billion, despite a projected loss per share of 21 cents, an improvement from a loss of 44 cents in the prior-year quarter [1][2][9] Revenue Expectations - The Zacks Consensus Estimate for PENN's fourth-quarter revenues is $1.75 billion, reflecting a 5.1% increase compared to the previous year [2][9] - Revenue estimates for specific segments include $693 million for the Northeast, $302 million for the Midwest, $135 million for the West, and $282 million for the South, indicating growth in the Northeast and Midwest while the South is expected to decline slightly [5][6] Factors Influencing Results - PENN is anticipated to achieve year-over-year revenue growth due to stable demand across its retail portfolio, particularly in markets unaffected by new supply, along with strong visitation trends and spending per visit [3] - The opening of Hollywood Casino Joliet is expected to contribute positively to revenues, supported by strong database growth and an improved customer mix [4] Digital Revenue Growth - Digital revenues are projected to benefit from the ongoing success of the North American iCasino business, which has been achieving record gaming revenue levels, aided by cross-selling from online sports betting [4] - Enhanced product features and retention initiatives across interactive platforms are expected to improve customer engagement, particularly during the football season [5] Margin Expectations - The company is expected to show improved margin efficiency as it transitions from the high-cost ESPN Bet marketing agreement to a more cost-effective platform, which should enhance overall profitability visibility [7] - However, near-term margins may face pressure from elevated promotional spending, competitive intensity, and other costs related to the transition and ongoing development [8]