earnings
confidence high
sentiment positive
materiality 0.80
PENN Entertainment Q4 revenue $1.67B, net loss $134M; announces $350M share repurchase in 2025
PENN Entertainment, Inc.
2024-FY EPS reported
-$2.05
revenue$6,578,100,000
- Q4 total revenues $1,669M (up 20% YoY); net loss $133.8M vs $358.8M loss a year ago, improved.
- Property-level revenues $1.4B, Adjusted EBITDAR $461.2M (33.1% margin); Interactive rev $275.0M, Adj EBITDA loss $109.8M.
- Company plans to repurchase at least $350M of shares in 2025; total liquidity $1.7B including $706.6M cash.
- Diluted loss per share $(0.88) vs $(2.37) prior year; iCasino record quarterly gaming revenue up 60% YoY.
- New Hollywood Casino Joliet on track for Q4 2025 opening; parlay mix improved with SGP adoption.