Stock Track | Penn Entertainment Plummets 5.05% on Disappointing Q4 Results and Interactive Segment Losses

Stock Track
02-27

Penn Entertainment Inc. (PENN) plunged 5.05% in the pre-market trading session on Thursday, following the release of its fourth-quarter 2024 financial results.

The casino operator reported a wider-than-expected loss for the quarter, with adjusted earnings per share (EPS) coming in at a loss of $0.44, missing analysts' estimates of a loss of $0.38. Additionally, the company's revenue fell short of expectations, reaching $1.67 billion, compared to the consensus estimate of $1.68 billion.

The disappointing results were primarily attributed to the continued underperformance of Penn Entertainment's interactive segment, which encompasses its online casino and sports betting operations. This segment has been a persistent source of losses for the company, weighing on its overall financial performance.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10