{"schema_version":"secwatch.filing_event.v1","accession":"0000921738-23-000014","form_type":"8-K","ticker":"PENN","cik":"0000921738","company_name":"PENN Entertainment, Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.825644+00:00","generated_at":"2026-06-15T23:52:05.427235+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PENN Q1 revenue up 7% to $1.67B; net income surges to $514.4M; adjusted EBITDAR down 3.3%","bullets":["Revenue $1.67B (+7% YoY); net income $514.4M vs $51.6M; diluted EPS $3.05 vs $0.29.","Adjusted EBITDAR $478.2M (-3.3%); adjusted EBITDA $332.2M (-23.6%); margin 28.6% (-300 bps).","Interactive segment rev $233.5M (incl. tax gross-up $92.3M); adj. EBITDA loss $5.7M on launches and low hold.","Repurchased $50M of stock in Q1 at avg $30.36; subsequent $18.9M; remaining authorization $830.4M.","Completed acquisition of remaining Barstool Sports on Feb 17; raised 2023 rev guidance to $6.37-$6.81B; reiterated adj. EBITDAR guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0000921738-23-000014","json":"https://secwatch.observer/filing/0000921738-23-000014.json","markdown":"https://secwatch.observer/filing/0000921738-23-000014.md","text":"https://secwatch.observer/filing/0000921738-23-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/921738/000092173823000014/0000921738-23-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/921738/000092173823000014/penn-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T23:52:05.427235+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ee06c1edba1b2a879af94c69b81cdb8716b665b8","claim":"PENN Entertainment, Inc. reported three months ended March 31, 2023 results: revenue $1.67 billion, net income $514.4 million. Guidance reaffirmed.","evidence_excerpt":"Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three months ended March 31, 2023. 2023 First Quarter Highlights: • Revenues of $1.67 billion, an increase of 7.0% year-over-year; • Net income of $514.4 million and net income margin of 30.7%, as compared to net income of $51.6 million and net income margin of 3.3% in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/921738/000092173823000014/0000921738-23-000014-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2023"},{"label":"Revenue","value":"$1.67 billion"},{"label":"Net income","value":"$514.4 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}