earnings
confidence high
sentiment positive
materiality 0.75
Penn National Gaming Q4 revenue $1.6B, net income $44.8M; $750M buyback authorized
PENN Entertainment, Inc.
2021-FY EPS reported
$2.48
revenue$5,905,000,000
- Q4 revenue $1.573B, up $545M YoY and $231M vs 2019; net income $44.8M ($0.26 diluted EPS).
- Adjusted EBITDAR $480.5M (margin 30.6%), adjusted EBITDA $369.0M.
- Board authorized $750M share repurchase program expiring Jan 31, 2025.
- 2022 guidance: net revenue $6.07B-$6.39B, adjusted EBITDAR $1.85B-$1.95B.
- Interactive segment EBITDA loss guided to ~$50M in 2022, improving from prior outlook.