---
schema_version: "secwatch.filing_event.v1"
accession: "0000921738-22-000004"
form_type: "8-K"
ticker: "PENN"
cik: "0000921738"
company_name: "PENN Entertainment, Inc."
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T12:09:06.083951+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Penn National Gaming Q4 revenue $1.6B, net income $44.8M; $750M buyback authorized

## Summary
- 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.

## SEC filing metadata
- accession: 0000921738-22-000004
- form_type: 8-K
- ticker: PENN
- cik: 0000921738
- company_name: PENN Entertainment, Inc.
- filed_at: 2022-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921738/000092173822000004/0000921738-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921738/000092173822000004/penn-20220203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000921738-22-000004
- JSON: https://secwatch.observer/filing/0000921738-22-000004.json
- Plain text: https://secwatch.observer/filing/0000921738-22-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.