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

Stock Track

Feb 27, 2025

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.

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(PENN) plunged 5.05% in the pre-market trading session on Thursday, following the release of its fourth-quarter 2024 financial results.</p>\n\n<p>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.</p>\n\n<p>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.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PENN","symbol_name":"佩恩国民博彩","start_time":0,"source_url":"","article_id":"1121765771","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1121765771","pubTimestamp":1740668758,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Penn Entertainment Inc.  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  coming in at a loss of $0.44, missing analysts' estimates of a loss of $0.38. 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