Penn National Q3 revenues $1.5B, net income $86.1M; acquires theScore for $1.9B

PENN Entertainment, Inc.

2021-Q3 EPS reported $2.24 revenue$4,332,500,000

Q3 revenues $1.51B (+382M YoY), net income $86.1M (down from $141.2M YoY).
Adjusted EBITDA $364.3M (+20.7M YoY); Adjusted EBITDAR $480.3M (+27.7M YoY).
Closed acquisition of Score Media and Gaming on Oct 19 for ~$1.9B ($923M cash).
Launched Barstool Sportsbook in 5 states; opened Hollywood Casino York.
Hurricane Ida and Delta variant reduced Q3 property EBITDAR by ~$30M.

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