preloader icon



Apex Trader Funding (ATF) - News

Penn Entertainment Stock Climbs On Q2 EPS Beat: Details

PENN Entertainment, Inc. (NASDAQ:PENN) shares are trading higher Thursday after the company reported its second-quarter financial results before the opening bell. Here's a look at the details from the report.  The Details: Penn Entertainment reported quarterly losses of 18 cents per share which beat the analyst consensus estimate by 28%.  Quarterly sales of $1.4 billion missed the consensus estimate by 15.46% and is a 16.42% decrease in revenue from the same period last year. Read Next: Toast Shares Get Burned After Q2 Results The company highlighted record quarterly gaming revenue in its Interactive segment driven by enhanced risk and trading processes and deliberate reinvestment strategies. Penn Entertainment also reported retail business property level revenues of $1.4 billion for the quarter.  “Our retail properties delivered solid results ...