PENN Entertainment (PENN) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

In its upcoming report, PENN Entertainment (PENN) is predicted by Wall Street analysts to post quarterly loss of $0.29 per share, reflecting an increase of 63.3% compared to the same period last year. Revenues are forecasted to be$ 1.7 billion, representing a year-over-year increase of 5.9%.The consensus EPS estimate for the quarter has been revised 48.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates ...