{"schema_version":"secwatch.filing_event.v1","accession":"0000921738-26-000011","form_type":"8-K","ticker":"PENN","cik":"0000921738","company_name":"PENN Entertainment, Inc.","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.938812+00:00","generated_at":"2026-05-15T04:46:40.566383+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 Q1 revenue up 6.4% to $1.78B, net loss $2.8M; Interactive EBITDA loss narrows","bullets":["Q1 revenues $1.78B (+6.4% YoY); net loss of $2.8M vs net income $111.5M; diluted EPS ($0.02) vs $0.68.","Consolidated Adj. EBITDA $265.8M (+53% YoY); Retail Adj. EBITDAR $471.4M on $1.4B revenue.","Interactive Adj. EBITDA loss $10.8M, improved YoY; iCasino revenue +15% YoY with record quarterly revenue.","Issued $600M 6.75% notes due 2031 to repay revolver; amended $1B revolver and $447M term loan.","Expects Alberta iCasino/sports betting launch July 13, subject to regulatory approvals."],"urls":{"canonical":"https://secwatch.observer/filing/0000921738-26-000011","json":"https://secwatch.observer/filing/0000921738-26-000011.json","markdown":"https://secwatch.observer/filing/0000921738-26-000011.md","text":"https://secwatch.observer/filing/0000921738-26-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/921738/000092173826000011/0000921738-26-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/921738/000092173826000011/penn-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:46:40.566383+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":"2a9e55a08edbeea90114d4155b879a4916387d43","claim":"PENN Entertainment, Inc. reported three months ended March 31, 2026 results: revenue $1,779.1, net income $(2.8), EPS $(0.02).","evidence_excerpt":"not refinanced as part of this transaction. Summary of First Quarter Results For the quarter ended March 31, (in millions, except per share data, unaudited) 2026 2025 Revenues $ 1,779.1 $ 1,672.5 Net income (loss) $ (2.8) $ 111.5 Consolidated Adjusted EBITDA (1) $ 265.8 $ 173.3 Rent expense associated with triple net operating leases (2) 163.3 155.9 Cash payments","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/921738/000092173826000011/0000921738-26-000011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2026"},{"label":"Revenue","value":"$1,779.1"},{"label":"Net income","value":"$(2.8)"},{"label":"EPS","value":"$(0.02)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"422e66fbd5956df69ab15213d94f652a5c418d2e","claim":"PENN Entertainment, Inc. reported quarter ended March 31, 2026 results: revenue $1,779.1, net income $(2.8), EPS $(0.02).","evidence_excerpt":"Summary of First Quarter Results For the quarter ended March 31, (in millions, except per share data, unaudited) 2026 2025 Revenues $ 1,779.1 $ 1,672.5 Net income (loss) $ (2.8) $ 111.5","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/921738/000092173826000011/0000921738-26-000011-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2026"},{"label":"Revenue","value":"$1,779.1"},{"label":"Net income","value":"$(2.8)"},{"label":"EPS","value":"$(0.02)"},{"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"}