| --- | --- | |------------------------------------------|-------| | | | | | | | | | | FIRST QUARTER 2024 EARNINGS PRESENTATION | | | May 2, 2024 | | This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as "expects," "believes," "estimates," "projects," "intends," "plans," "goal," "seeks," "may," "will," "should," or "anticipates" or the negative or ...

Exhibit 99.1 PENN Entertainment Reports First Quarter Results WYOMISSING, PA (May 2, 2024) - PENN Entertainment, Inc. ("PENN" or the "Company") (Nasdaq: PENN) today reported financial results for the three months ended March 31, 2024. Jay Snowden, Chief Executive Officer and President, said: "Our property level performance showed resilience this quarter, with stable trends continuing into April following portfolio-wide severe weather through mid- February. Meanwhile, ESPN BET continues to drive strong top o ...

Analysts on Wall Street project that PENN Entertainment (PENN) will announce quarterly loss of $0.59 per share in its forthcoming report, representing a decline of 290.3% year over year. Revenues are projected to reach $1.63 billion, declining 2.4% from the same quarter last year.Over the last 30 days, there has been a downward revision of 263.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial fore ...

PENN Entertainment, Inc. (PENN) is likely to benefit from development efforts, ESPN alliance and 3C’s initiative. Also, the focus on product improvements bodes well. However, an uncertain macroeconomic environment is a concern.Let us discuss the factors that highlight why investors should retain the stock now.Growth CatalystsDevelopment Plans: The company emphasizes reimaging its properties with best-in-class retail sports books, new games, enhanced technology, refreshed hotel offerings and new third-party ...

WYOMISSING, Pa.--(BUSINESS WIRE)--ESPN BET, the official sportsbook of ESPN, launched today in North Carolina as the state’s legal sports betting market opened. Fans in the state now have access to the state-of-the-art mobile and web betting platform, which offers a variety of markets across sports and leagues from around the world, including straight bets, cross-sport parlays, props, and in-game wagering, along with daily odds boosts, custom offers, exclusive promotions and integrations with ESPN content a ...

WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) (the “Company”) announced today that the Company’s Chief Executive Officer and President, Jay Snowden, will participate in a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thursday, March 14, 2024 at 1:50 p.m. ET. The Company’s management will also host meetings with institutional investors at the conference. Interested parties may access a live audio webcast of the fireside chat at ...

David Baileys PENN Entertainment, Inc. (NASDAQ:PENN) took another beating after the company's Q4 earnings report missed expectations. For long-suffering investors in the stock, it was another disappointment- with the cash flow from the company's profitable casino assets overwhelmed yet again by losses in speculative business ventures and acquisitions. PENN bet big on ESPN BET, and while the company saw a ton of downloads and bet activity, their profits weren't quite as expected, and the state-by-state rollo ...

EricVega A couple of weeks ago, PENN Entertainment (NASDAQ:PENN) reported fourth quarter earnings that disappointed investors. The gaming and entertainment company saw its shares fall in response, and the selloff intensified last week to new 52-week lows. Based on the company's recent financials along with projections for the next two years, I believe there is a good opportunity to enter a long position in Penn by selling $15 put options. PENN Entertainment's full year 2023 earnings were disappointing. The ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 0-24206 PENN Entertainment, Inc. (Exact name of registrant as specified in its charter) Pennsylva ...

Gaming facilities and technology company Penn Entertainment (PENN -4.02%) had a forgettable week on the stock exchange. According to data compiled by S&P Global Market Intelligence, the company's shares tumbled by more than 20% in value over the period. The main reason was abundantly clear.A pair of fourth-quarter monster missesThe No. 1 culprit was Penn Entertainment's fourth-quarter earnings, which were published before market open on Thursday. These revealed that the company's revenue fell by 12% year ov ...