PENN Q1 2019 Earnings — PENN Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

PENNPENN Entertainment, Inc.

$2B

Q1 2019 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.3B+57.2% YoY

Gross Profit

$573M44.7% margin

Operating Income

$182M14.2% margin

Net Income

$41M3.2% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+11.0%

Cash Flow

Operating Cash Flow

$126M

Free Cash Flow

$88M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$13.5B

Total Liabilities

$11.6B

Stockholders' Equity

$1.9B

Cash & Equivalents

$400M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$816M	+57.2%
Gross Profit	$573M	$354M	+61.8%
Operating Income	$182M	$172M	+6.0%
Net Income	$41M	$45M	-9.8%

Revenue Segments

Casino

$1.0B81%

Food and Beverage

$125M10%

Occupancy

$71M6%

Product and Service, Other

$43M3%

Racing

$8M1%

Geographic Segments

Northeast Segment

$551M55%

South Segment

$292M29%

West Segment

$159M16%