PENN Entertainment (NASDAQ:PENN) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
PENN Entertainment beat estimated earnings by 15.79%, reporting an EPS of $0.44 versus an estimate of $0.38.
Revenue was up $109.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.28 which was followed by a 1.3% increase in the share price the next day.
Here’s a look at PENN Entertainment’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.41 | 0.38 | 0.56 | 0.43 |
| EPS Actual | 0.13 | 0.72 | 0.15 | 0.29 |
| Revenue Estimate | 1.58B | 1.58B | 1.61B | 1.53B |
| Revenue Actual | 1.59B | 1.62B | 1.63B | 1.56B |
To track all earnings releases for PENN Entertainment visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
