Recap: PENN Entertainment Q3 Earnings

Recap: PENN Entertainment Q3 Earnings

PENN Entertainment PENN reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

PENN Entertainment beat estimated earnings by 89.47%, reporting an EPS of $0.72 versus an estimate of $0.38.

Revenue was up $113.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.41 which was followed by a 2.82% drop in the share price the next day.

Here's a look at PENN Entertainment's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.56 0.43 0.53 0.89
EPS Actual 0.15 0.29 0.26 0.52
Revenue Estimate 1.61B 1.53B 1.51B 1.51B
Revenue Actual 1.63B 1.56B 1.57B 1.51B

To track all earnings releases for PENN Entertainment visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings