{"schema_version":"secwatch.filing_event.v1","accession":"0000921738-25-000013","form_type":"8-K","ticker":"PENN","cik":"0000921738","company_name":"PENN Entertainment, Inc.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.829760+00:00","generated_at":"2026-05-22T06:29:35.723463+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PENN turns profitable in Q1 with net income $111.5M; Interactive segment still loss-making","bullets":["Revenue $1.67B (+4% YoY); net income $111.5M vs. loss $114.9M YoY; diluted EPS $0.68 vs. -$0.76.","Property level: revenue $1.4B, Adjusted EBITDAR $457M (33.1% margin); weather cut EBITDAR by ~$10M.","Interactive: revenue $290.1M (incl. $128.2M tax gross-up), Adjusted EBITDA loss of $89M; record online casino revenue.","Customer-friendly sports hold hurt Interactive EBITDA by ~$10M; corporate costs up $8M on legal/advisory.","YTD bought back $35M shares; remaining authorization $714.6M; reaffirms goal of at least $350M buyback in 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000921738-25-000013","json":"https://secwatch.observer/filing/0000921738-25-000013.json","markdown":"https://secwatch.observer/filing/0000921738-25-000013.md","text":"https://secwatch.observer/filing/0000921738-25-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/921738/000092173825000013/0000921738-25-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/921738/000092173825000013/penn-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T06:29:35.723463+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}