Browsing: PENN

PENN Entertainment reported third quarter 2026 results with revenue of US$1.84b and net income of US$33 million, compared with a loss a year earlier, and management raised full year 2026 retail revenue and adjusted EBITDA guidance.

Children and families will have two opportunities to experience live music and theater at Penn State this month through a free opera and an interactive concert inspired by Pennsylvania folklore.

Retail performance lifted PENN’s outlook: Third-quarter retail revenue rose 5% to $1.5 billion and adjusted EBITDA increased 7.7% to $502 million. The company raised full-year 2026 retail revenue guidance to $5.89 billion and adjusted EBITDA guidance to $1.973 billion.

Total Retail Revenue: $1.5 billion, up 5% year over year; record third-quarter revenue.

For the quarter ended September 2026, PENN Entertainment (PENN) reported revenue of $1.84 billion, up 7.1% over the same period last year. EPS came in at $0.32, compared to -$0.22 in the year-ago quarter.

PENN Entertainment (PENN) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to a loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items.

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Casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN) met Wall Street’s revenue expectations in Q3 2026, with revenue up 7.1% year on year to $1.84 billion. Its non-GAAP profit of $0.32 per share was significantly above analysts’ consensus estimates.

Greenlight Capital, an investment management firm, recently released its Q3 2026 investor letter. A copy of the letter can be downloaded here. The funds returned -3.3% in the third quarter of 2026, compared with a 2.3% gain for the S&P 500, bringing their year-to-date return to -1.5% against the index’s 12.7% advance. The disappointing performance…

A new basketball season is in the air in Happy Valley. Penn State will host a doubleheader to kick off the new season for the men’s and women’s college basketball teams on Monday evening in the Bryce Jordan Center. After the women’s team wraps up its opener against Cleveland State, the men will get to…